EPAnEK 2014-2020

The enterprise HEREMCO M. ΕPΕ (HEREMCO PHARMACEUTICALS) based in Attica 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 200.000€ out of which 100.000€ 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 (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.