Four flagship investments with a combined budget of 253 million euros were approved by the Interministerial Committee for Strategic Investments, as part of the implementation of the country’s new production model that was presented on October 21.
These investments, implemented through the General Secretariat of Private Investments, concern the defense industry, the self-sufficiency of Greece in paper and alcohol and the safety of flights and civil protection services.
Metlen’s strategic investment, with a budget of €45 million, concerns new building infrastructure and specialized mechanical equipment in the area of Thessaly. The aim is to produce special metal structures with advanced technology and high added value.
The investment of BGS Alcohols, with a budget of €34 million, aims to establish an integrated unit in Patra for the production and distribution of ethyl alcohol of agricultural origin for multiple uses.
Olympic’s strategic investment, with a budget of €74.75 million, is part of a larger investment of over €140 million. It concerns the creation of an integrated aircraft and aircraft maintenance service center, as well as a flight simulator and crew training center at Athens Airport.
Finally, Intertrade’s investment of €99 million aims to expand the capacity of an existing unit, which will be implemented in Oinofyta, and create a logistics hub for finished products and paper rolls.