The company ALFA TRADE OE based in the region of CENTRAL MACEDONIA joined the action "Upgrading very small & small businesses to develop their capabilities in new markets" with a budget of 310 million Euros. The action aims to improve the quality of the products and services offered or to create new products/services that will meet specific market needs. Also, the investment plans may aim to reduce costs or increase the efficiency of operational and production processes and concern all regions of the country.

The business plan that was approved for financing and is being implemented includes investments in the following categories:

  • Machinery – Equipment
  • Intangible Expenses
  • Employee salary costs (existing and/or new staff)


Through participation in the Action, the business achieved:

  • improving its competitiveness
  • increasing its profitability
  • enhancing extroversion
  • market expansion by adding new products & services
  • ensuring the highest quality products & services
  • increase productivity & improve operational processes
  • strengthening entrepreneurship
  • creating / maintaining quality jobs

With the contribution of EPANEK, the company which operates in a vital sector of the Greek economy was strengthened, bringing benefits to the competitiveness of the country as well as to the local economy and the market in which it is based.