The enterprise DRAKAKIS PANAGIOTIS based in ATTICA region has joined the Action “Strengthening SME Tourism for modernizing and improving the quality of their services” with a total budget of 110 million €. The Action aims at supporting very small, small and medium-sized tourism enterprises, in order to enhance their competitiveness in the Greek and international tourism market.

The investment’s total budget is 100.000 € out of which 50.000 € 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:

• Machinery, equipment, installations and environmental protection equipment along with energy and water-saving equipment

• Certification of quality assurance systems and environmental management

• Software and digital services

• Preparation and monitoring the implementation of the Investment Plan

• Labor costs for personnel (current and /or new employees)

Through the participation in the Action, the enterprise achieved:

• Competitiveness improvement

• Increase in profitability

• Reinforcing an extrovert business profile

• 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.