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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-2023-22/3249 – measures in Greece

Green Economy Productive Investments - Produc-E Gree

Παραγωγικές Επενδύσεις Πράσινης Οικονομίας - Produc-E Gree

Country Greece , applies nationwide
Time period Temporary, 30 May 2023 – 30 November 2023
Context Green Transition, European Semester
Type Other initiatives or policies
Category Reorientation of business activities
– Change of production/Innovation
Author Penny Georgiadou (INE GSEE)
Measure added 29 June 2023 (updated 06 July 2023)

Background information

The Ministry of Environment and Energy with the decision No 52385/774 on 12 May 2023 (Government Gazette 3156/12.5.2023), launched the first programme in Greece, "Produc-E Green", in order to subsidize the development of productive activities in the sectors relating to the energy transition.

The object of the Produc-E Green action is to support investment projects for the production of goods in the field of green industry, with an emphasis on the production sector of electricfication, renewable energy sources as well as products and goods intended for energy saving.

The programme is financed by the Recovery and Resilience Fund and aims to support the creation of a domestic value chain in sectors from the entire spectrum of the "green" economy, so that a part of the relevant equipment to be produced in Greece instead of being imported.

Content of measure

The "Produc-E Green" program concerns the subsidy with a percentage of up to 70% of companies that wish to be active in the production of:

  • electric cars or the assembly of their parts
  • electric vehicle chargers, batteries or recycling
  • light personal electric vehicles (two-wheelers, three-wheelers, bicycles)
  • photovoltaic panels
  • wind turbine parts
  • heat pumps

The subsidy concerns the construction or purchase or expansion - modernization of building facilities, the supply of mechanical equipment and the construction of technical facilities, the supply of equipment for research and product development, the supply of software.

Beneficiaries of the program are new or existing companies, of any legal form and size, that carry out or will carry out production activity in branches of development or exploitation of renewable forms of energy.

The grant rate per beneficiary depends on the location of the investment and the size of the company.

The limits of the requested budget per business size are:

  • Large businesses up to €1 million
  • Medium enterprises up to €500,000
  • Very small – Small businesses up to €300,000

The Beneficiaries must submit an application from 30 May until 30 November 2023. The total cost of the programme will cover up to €200 million.

Use of measure

No available information.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
National government
Company / Companies
European Funds
National Recovery and Resilience Facility

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: Unknown


There is no involvement of social partners.

Views and reactions

There are no social partner's reactions to the measure.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      C - Manufacturing C26 Manufacture of computer, electronic and optical products
      C27 Manufacture of electrical equipment
      C28 Manufacture of machinery and equipment n.e.c.
      C29 Manufacture of motor vehicles, trailers and semi-trailers
      C30 Manufacture of other transport equipment

This case is not occupation-specific.


  • 12 May 2023: (ΦΕΚ Β' 3156/12-05-2023 (
  • 16 May 2023: Κώστας Σκρέκας: E produc


Eurofound (2023), Green Economy Productive Investments - Produc-E Gree, measure GR-2023-22/3249 (measures in Greece), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.