# Kronos to invest EUR 15M in modernisation and expansion

Greek fruit cannery Kronos is implementing a EUR 15 million investment programme to modernise equipment, expand buildings and create new packaging/storage areas at its Mavrovouni, Pella facility, aiming to increase production capacity by at least 20% by 2020-2021.

- Type: Investment
- Announced: 2019-02-22
- Where: Mavrovouni, Pella, Greece
- Value: $17.0M (15.0M EUR)
- Starts operating: 2020
- Status: under construction
- Capacity: at least 20% increase from 1,000 tonnes of fresh fruit per day
- Products: canned fruit compotes
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Kronos](https://endata.com/companies/37542.md)

## Sources

- [naftemporiki.gr](https://www.naftemporiki.gr/business/128708/ependyseis-15-ekat-trechei-i-konservopoiia-kronos/), 2019-02-22: "Επενδυτικό πρόγραμμα ύψους 15 εκατ. ευρώ υλοποιεί, με ορίζοντα ολοκλήρωσης το 2021, η κονσερβοποιία φρούτων Κρόνος"

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