HOMECase StudiesSOURIOTI S.A. beverage: αpproval of funding from the “General Entrepreneurship” scheme of the development law

SOURIOTI S.A. beverage: αpproval of funding from the “General Entrepreneurship” scheme of the development law

SOURIOTI S.A. was founded in 1916 and offers the consumer market a purely Greek, high-quality product: bottled mineral water.

In just a few years, the company has managed to capture a leading position in the carbonated water sector with a market share of over 46%. At the same time, its dynamic expansion into new global markets, such as the Middle East, Australia, Canada, Germany, and other countries, strengthens its vision of establishing its name and products worldwide.

The team of SOURIOTI S.A., in the context of securing the company’s development in a sustainable and environmentally sensitive manner, has proceeded with the installation, certification, and continuous improvement of food safety management systems, the creation of frameworks for the rational management and utilization of natural resources, continuous employee training, and more. Additionally, in order to safeguard the health and safety of its employees, the company has created a suitable working environment with standards ensuring the necessary working conditions.

How Funding from the Development Law Will Contribute to the Company’s Goals

SOURIOTI S.A.’s investment plan, with a total budget of approximately €25 million, was submitted under the “General Entrepreneurship” scheme of the Development Law (Law 4399/2016) in order to receive support in the form of a grant.

The submitted investment plan concerns the implementation of the investment for the new production line that will be constructed to meet the increased needs of the company.

In addition to the building installations, the investment plan includes the development of the surrounding area, as well as the purchase of mechanical and other equipment and the creation of technical facilities.

Our Role

VK PREMIUM, as a business growth consultant, supported the preparation and submission of SOURIOTI S.A.’s file under the Development Law scheme, which was approved for the requested grant.

Services Provided:

  • Preparation of the necessary technical and financial study for the investment plan, aimed at the successful approval of the funding application.
  • Systematic collaboration with the company to develop a comprehensive business plan, which maximized the chances of approval.
  • Submission of the full application package to the relevant authorities for evaluation and approval in the shortest possible time.
  • Coordination of all involved parties.

Financed Expenses

The company has been approved for funding of the following:

  • Intangible assets
  • Building installations
  • Environmental space development works
  • Mechanical and other equipment
  • Technical installations

We can make a decisive contribution to the growth of Greek businesses.

With 18 years of experience and nearly a 98% success rate in application submissions, we are always by the side of businesses to present the most suitable subsidized programs that match their development needs and maximize their benefits.