AVIS' investment project will be financed under the agreement that was inked, with a total amount of a first phase of 260 million euros, using resources from the Recovery & Resilience Fund and Piraeus Bank.
The investment will be covered through the National Recovery and Resilience Plan Greece 2.0 with the funding of the European Union – NextGenerationEU.
Avis’ total investment plan amounts to 760 million euros and will be deployed over the next five years.
The investment of the first phase will be financed with funds of 78 million euros from Piraeus Bank, and 130 million from the Recovery & Resilience Fund, taking advantage of the significant potential offered by the program to Greek businesses, and mainly the financing at a competitive fixed interest rate.
The investment plan is part of the Green Transition Pillar and aims to promote Sustainable Development.
