Eligible business activities - aided expenditures
1. The following business activity categories shall be eligible
for the grant status of this law, for invest-ments and other expenditures,
as specified in each activity category:
a. Manufacturing undertakings exercising activities included in
article 15 of this law.
i. The construction, expansion and modernisation of industrial
plants, special and auxiliary building facili-ties, as well as expenditures
for the landscaping of the surrounding area.
ii. The construction of new storage or cold storage areas, areas
for the drying and preservation of prod-ucts.
iii. The purchase of completed or semi-completed industrial or craft
industry building facilities which have remained idle and not used
for at least two years prior to the submission of the application
seeking eli-gibility for the provisions of these presents.
iv. The purchase of craft industry areas in standard-ised craft
industry buildings located in industrial es-tates (Industrial Estates,
Industrial and Business Es-tates and Craft Industry Parks) and technopolises
and technology parks.
v. The purchase and installation of new modern ma-chinery and other
equipment. The payments under the lease of new modern machinery
and other equipment.
vi. The purchase and installation of new systems for the process
automation and computerisation, includ-ing the expenditure for the
purchase of the necessary software and for staff training at the
vii. Expenditures for studies concerning the intro-duction, development
and implementation of modern technology, know-how, modern methods
and indus-trial designs of manufactured products.
viii. Expenditures for dismantling, transportation and re-assembly
of the existing equipment, with reference to undertakings relocating
for environmental reasons, provided that they shall be relocated
to Industrial Es-tates of the Hellenic Industrial Development Bank
(ETBA), other Industrial Estates, Industrial and Busi-ness Estates,
Craft Industry Parks and Industrial Parks.
ix. The purchase of new means of transportation for the handling
of materials and products within the greater plant area. The purchase
of new means of transportation for the mass transportation of person-nel.
The purchase and installation of modern equip-ment and the construction
of facilities for the handling of materials and products.
x. The purchase of new refrigerator trucks.
xi. The construction of new workers' homes, nurser-ies, buildings
or installations, as well as the purchase and installation of equipment
intended for the housing, recreation or catering of the undertaking's
employees, as well as staff training rooms, provided that they shall
be constructed in the area where the undertaking is located.
xii. Expenditures for investments concerning the protection of the
environment, the restriction of ground, underground, water and air
pollution, the res-toration of the natural environment and water
xiii. Expenditures for investments concerning the utilisation of
renewable sources of energy, substitution of gas fuels for liquid
fuels or electricity, treated refuse from domestic industries, renewable
sources of en-ergy, recovery of lost heat, as well as electricity
and heat co-production. Furthermore, expenditures for in-vestments
concerning energy saving, provided that the investment shall not
pertain to manufacturing equipment but rather to driving/operating
equipment and installations of the plant, and that a decrease of
at least 10% in energy consumption shall result from such investment.
xiv. Expenditures for the establishment, expansion and modernisation
of laboratories of applied industrial, energy or mining research.
xv. Expenditures for the implementation of an inte-grated 2-5 year
business plan for industrial undertak-ings of old organisations,
of a minimum total cost of one (1) billion drachmas, including the
technological, administrative, organisational and business moderni-sation
and development, as well as the necessary staff training activities,
concerning the improvement of their competitive position on the
international market. Additional categories of aided expenditures,
such as operating expenditure, staff training expenditure, etc.,
are stipulated by virtue of joint decision of the Minis-ters of
National Economy and Development.
xvi. Expenditures for the implementation of an inte-grated 2-3 year
rescue and restructuring business plan for industrial undertakings
of old organisations that are in a particularly ailing situation,
including the technological, administrative, organisational and
busi-ness modernisation, their reform and development, as well as
the necessary staff training activities. The aforementioned categories
of aided expenditures for the rescue and restructuring business
plans are stipu-lated in detail in the joint decision of the Ministers
of National Economy, Development, Labour and Social Insurance.
xvii. Expenditures for studies, purchase of new modern equipment,
establishment and operation of the necessary infrastructure and
processes, as well as expenditures for product certification and
quality as-surance procedures according to the relevant Euro-pean
standards, by organisations accredited by the competent national
xviii. Expenditures for the conversion of manufactur-ing plants,
so as to become more flexible.
xix. Expenditures for the introduction and adaptation of environmentally
friendly technology to the manufac-turing process.
xx. Expenditures for investments concerning the production of innovative
products, and for the intro-duction of innovations into the manufacturing
process, for the construction of an invention prototype, present-ing
operation possibilities, that has been registered and has received
a favourable research report from the Industrial Property Organisation
(O.B.I.), the dues paid for the international patent registration
of the in-vention by natural persons or legal entities, the dues
for the annual renewal of the international patent reg-istration
of the invention for a five year term, provided that the implementation
of the investment for its indus-trial operation has started, and
is of an amount at least ten times higher than that of the dues.
xxi. Expenditure for the establishment or expansion of industrial
or craft industry plant for the ecological dismantling of packaging
products and other products that have been consumed in Greece, so
as to produce raw and other materials.
xxii. Expenditures for investments pertaining to the reduction of
the production and distribution cost, as shall be stipulated by
virtue of joint decision of the Ministers of National Economy and
Development, of manufacturing undertakings created from the merger
of at least three (3) Small and Medium Sized Manu-facturing Enterprises
(SME), each employing on aver-age up to 120 people, in the past
b. Undertakings producing power, in the form of warm water, steam,
or producing solid fuels from bio-mass, undertakings for the co-production
of electricity and heat, or undertakings producing electricity from
mild forms of energy, and especially wind and solar, hydroelectric,
geothermal energy and biomass. Un-dertakings producing biomass from
plants, concerning its use as raw material for the production of