145 reached investment projects which have been concluded pursuant to it Recovery and Resilience Fund (TAA), a total of about 400 investment projects presented at banks for funding.

The loan agreements that have already been signed have a total budget of more than 6 billion euros, approximately, of which the Recovery Fund loans are about 2.5 billion euros, 2.1 billion euros are loans from banks and 1.5 billion euros from equity from businesses. Meanwhile, Athens will immediately submit, perhaps even today, an application for the allocation of another third tranche. In addition, procedures are underway to increase loans by 5 billion euros and 800 million euros in grants to be provided from the Recovery Fund in our country.

Procedures are also moving forward to increase the 5 billion loans and 800 million grants that will be allocated from the Recovery Fund.

According to banks, one third of the investments directly related to TAA and contracts concluded are in small and medium-sized enterprises. For signed loan agreements, the average interest rate is 1.9% and the average loan maturity is 12 years. Especially for small businesses, TAA is now offering a low interest rate of 0.35% fixed for the life of the investment, compared to the 1% special interest rate for large businesses.

The cost of 400 submitted investment projects is 12.5 billion euros, and already Piraeus Bank received the fourth tranche of funds totaling 300 million euros, while the approval of the tranche is also pending Eurobank. Yesterday Alfa Bank, National Bank and Eurobank announced the signing of four more contracts related to financing:

• The infrastructure of the Sirene Blue Resort, one of the most historic and emblematic hotels in Poros, awarded by Alpha Bank for its upgrade to a five-star category. The total investment reaches 2.2 million euros, with 40% funding from Alfa Bank (874,100 euros), 40% TAA (874,100 euros) and 20% own participation.

• Food company “Dodoni” in Ioannina by the National Bank for the implementation of production investments with a total budget of 7.4 million euros, with financing of 3.7 million euros from TAA, 2.2 million euros with a loan from the NBG and the company. own participation of 1.5 million euros. The investment plan concerns the construction of new Dodoni facilities and the modernization of existing ones, as well as equipping them with a new production line, automating part of the work and expanding the capacity of the network and warehouse infrastructure.

In addition, it includes improving the energy efficiency of all facilities through the installation of photovoltaic panels on the roofs of buildings, digital modernization through the installation of new information systems, and strengthening the company’s export activities.

• Bakery Karamolegos by the National Bank for investment with a total budget of 18 million euros, with financing of 9 million from TAA resources, 5.4 million with a loan from the National Bank of Greece, and the remaining amount will be covered by the same participation of the company. The investments include: a) installation of a new line for the production and packaging of bakery products, the main driving forces of which are the emphasis on healthy eating, product innovation, reducing production costs through automation and energy saving, b) establishing a new product research and development center, c) installation of photovoltaic network metering stations on the roofs of existing buildings to improve the company’s environmental impact, and d) installation of new information systems.

• Food company Melissa Kikizas from Eurobank for covering a joint bonded loan of EUR 11.7 million and funding investments totaling EUR 18.3 million. The investment is financed 22.7% by TAA resources (4.1 million euros) and 41.2% by a loan from the Eurobank (7.544 million euros), while 36.1% is covered by Melissa Kikiza’s own participation. The purpose of the loan is to finance part of the company’s investment program to expand the existing pasta production facility owned by Melissa Kikizas ABEET in Larisa.

In particular, it is planned to install all the necessary construction and other technical and special structures, as well as supply the necessary mechanical equipment in order to efficiently operate the production and ensure the high quality of products.

The list of companies with contracted investment plans includes PPC, OTE, Avis, Sunlight, Public, Softone, Sklavenitis, DEMO Pharmaceuticals, Metro, ELPE, Genepharm Pharmaceuticals, Attica Holdings, Hatzopoulos Industry, Spyridakos Group, KAVKAS, Petros Petropoulos SA, Patmos Aktis. , chemical industry, Megara Resins, Sunbeam Energy, etc.