Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure GR-2020-18/1764 – measures in Greece
Country | Greece , applies nationwide |
Time period | Open ended, started on 27 April 2020 |
Context | COVID-19 |
Type | Company practices |
Category |
Reorientation of business activities
– Change of production/Innovation |
Author | Penny Georgiadou (INEGSEE) |
Measure added | 06 February 2021 (updated 08 February 2021) |
Lariplast S.A. is a regional company based in Larisa Thessaly, founded in 1969, producing a series of disposable plastics such as: plastic caps for different uses, clamshells, plates, spoons/forks/knifes, straws etc. During the pandemic and from April 2020, the company decided to reorient its activities and to proceed with the production of surgical masks in order to meet the needs of the domestic market, due to the coronavirus pandemic. The investment plan was completed in less than a month and includes two production lines of surgical masks. This reorientation of activity, extended its scope of businesses and among other safeguarded the employment of its workers.
The investment was completed in just 20 days and concerns the installation of two lines of special mechanical equipment fully automated, for the production of surgical masks having filter safety of over 98%. Normally, such an investment takes four - six months to be completed according to the CEO of the company. The production capacity is 300,000 masks per day and 9,000,000 on a monthly basis. The company, active since 1969 in the production of disposable plastic products for food, managed with a great difficulty during the pandemic to find mechanical equipment and raw material from the European market to carry out its project. The investment amounts to about €3 million, an amount that the company covered exclusively by its own resources, without receiving any state aid.
The investment comes to meet the increased demand for masks. It is not going to replace the main activity of the company. After ensuring the adequacy of the domestic market, Lariplast focuses on exporting surgical masks to other markets, which are already in increasing need. Lariplast S.A. has a production unit both in Greece, in the area of Larissa, and in France.
Lariplast S.A., can be regarded as a success story by reorienting its’ business activities to meet needs of the pandemic. The decision of the company to enter into the surgery masks production is a good example of how the companies can be adapt themselves into the crisis, preserve their sustainability and employment.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Other businesses
|
Applies to all citizens |
Actors | Funding |
---|---|
Company / Companies
|
Companies
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement | No involvement |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
There is no involvement.
There are no reactions.
This case is sector-specific (only private sector)
Economic area | Sector (NACE level 2) |
---|---|
C - Manufacturing | C22 Manufacture of rubber and plastic products |
This case is not occupation-specific.
Citation
Eurofound (2021), LARIPLAST S.A.: Reorientation of production due the COVID-19 pandemic, measure GR-2020-18/1764 (measures in Greece), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/GR-2020-18_1764.html
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