# Athanasios Hatzopoulos Packaging Materials expands Greek flexible packaging plant with EIB loan

Athanasios Hatzopoulos Packaging Materials Industry SA signed an EIB-backed project to expand its flexible packaging materials production in Greece, replacing old equipment and buying new production lines. The total project cost is EUR 29 million, with EUR 12 million of EIB finance.

- Type: Expansion
- Announced: 2018-04-23
- Where: Greece
- Value: $32.5M (29.0M EUR)
- Status: completed
- Products: flexible packaging materials, flexible packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Athanasios Hatzopoulos Packaging Materials Industry](https://endata.com/companies/3187.md)

## Sources

- [eib.org](https://www.eib.org/en/projects/all/20180423), 2018-04-23: "The project consists of investments on the development of flexible packaging materials, products and solutions as well as the replacement of old and the acquisition of new equipment for the production of flexible packaging materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.