The Grifal Group ‘s internationalization project also receives great recognition at the European level: the ERDF, European Regional Development Fund has granted a non-repayable grant of €1.6 Million to support the implementation of cArtù®.
In fact, the new production site in Guimaraes, Portugal, which is the result of the joint venture between Grifal Group and the José Neves Group, will benefit from this important funding to support the design and implementation of innovative production lines, designed in Bergamo by Grifal Technologies.
“Even before the financial issue,” explains Fabio Gritti, President and CEO of Grifal Group, “it is the recognition of the industrial project that fills us with pride. We are grateful to all the people, first and foremost our Portuguese partners, for the immense commitment that enabled us to achieve this result as well. A significant achievement but also a spur to complete the Seven cArtù production site as soon as possible. The offer of packaging materials and solutions is already active, with a strategic and commercial positioning that covers not only Portugal but also Spain.”
The ERDF is the European Union Fund aimed at strengthening sustainable growth and competitiveness of SMEs through investments strictly dedicated to production and employment. The successful application falls under “SICE – Productive Innovation Other Territories,” the program that promotes competitiveness and job creation.
The project submitted by Seven cArtù Lda met the eligibility criteria, as expressed in the Specific Regulation of the Thematic Area Innovation and Digital Transition Portugal 2030, published as an annex to Ordinance 103-A/2023 of April 12, as currently worded, and in Notice MPr-2023-1.
The press release is available within the “Press Releases” section of the Investor Relations area.