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The enterprise ΑΡΧ ΝΕΤ based in Central Macedonia region, has joined the Action “Upgrading micro & small businesses to develop their skills in new markets” with a total budget of 310 million €. The Action aims at the upgrading of the competitive position of very small and small enterprises.

The investment’s total budget is 195.076,11€ out of which 97.538,06 € is public expenditure. The Action is co-financed by Greece and the European Union – European Regional Development Fund.

The approved subsidised Business Plan includes investments in the following categories:

Buildings, other facilities and surrounding area
Machinery – Equipment
Intangible expenses
Wage costs for personnel (current and /or new employees)

Through the participation in the Action, the enterprise achieved:
Competitiveness improvement
Increase of profitability
Reinforcing an extrovert business profile
Market expenditure by adopting new products and services
Creating better quality products and services
Increasing productivity and improvement of operational procedures
Reinforcing entrepreneurship
Creating / maintaining job positions

The support of EPAnEK proved beneficial, not only for the enterprise but for the competitiveness of the national as well as the local economy.