Barilla Hellas completed an investment worth 1.230 million euros in its facilities in Volos, as part of a wider investment program worth 70 million euros, implemented in Greece in the last 20 years.
The project was completed in six months and included the installation of a new production line and of new advanced technology equipment which will cut electricity energy consumption by more than 15 pct. The plant in Volas has already cut electricity consumption by 20 pct and water productin by 62 pct since 2012. With the start of a new production line, Barilla Hellas in Volos will be able to raise its production capacity by 33 pct.
"Barillas's investment in Greece confirmed the company's commitment to continue supporting the Greek economy by absorbing a larger part of domestic agricultural production and producing more products in Greece. The company is strengthening its strategic option to take advantage of the country's comparative advantage as a natural pole of business access to markets in Eastern Europe," the company said in a statement.
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