SUPPORT MICRO AND SMALL ENTERPISES AFFECTED BY COVID-19 IN CENTRAL MAKEDONIA

The enterprise G XRISTOFORIDIS S.A. METAL TRADE with headquarters in the Region of Central Macedonia, was co-financed by the European Regional Development Fund (ERDF) of the European Union (EE) for the implementation of its project under the Action “"Support micro and small enterprises affected by Covid-19 in Central Macedonia“ under the framework of the Operational Program «Central Macedonia» 2014-2020.

The Action is aimed at empowering micro and small enterprises in the Region of Central Macedonia in the form of a non-repayable grant to ensure sufficient liquidity to deal with the effects of the Covid-19 pandemic.

Investment’s total budget is 50.000,00 (100% public expenditure). The Action is co-financed by Greece and the European Union - European Regional Development Fund.

The enterprise G. CHRISRTOFORIDIS SA (STEEL TRADE) based in Central Macedonian region, has joined the Action “Competitiveness Toolbox” with a total budget of 400 million €. The Action aims at supporting existing small and very small enterprises, in order to upgrade and improve their competitive position in domestic and international markets, by investing in the modernization of their production equipment and by adopting product certifications.

The investment’s total budget is 188.270,00 € out of which 93.900,00 € is public expenditure. The Action is co-financed by Greece and the European Union - European Regional Development Fund.

The approved co-financed Business Plan includes investments on the following categories:

• Machinery – Equipment

Through the participation in the Action, the enterprise achieved:

• Competitiveness improvement
• Increase of profitability
• Reinforcement of an extrovert business profile
• Market expenditure by adopting new products and services
• Creation of better quality products and services
• Increase of productivity and improvement of operational procedures
• Entrepreneurship Reinforcement
• Creation/ retention of jobs

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

The enterprise G. CHRISTOFORIDIS SA (STEEL TRADE) based in Central Macedonian 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 200.000,00 € out of which 100.000,00 € 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.