Greek companies in the defence sector are being called upon to seize the investment opportunity presented by a series of funding actions and programmes being rolled out at both European and national level, as highlighted at an informational event titled “National & European Funding Opportunities in the Defence Sector,” organized by the Hellenic Manufacturers of Defence Material Association, with the support of Piraeus Bank and PwC.
Defence value chain
Mechanisms such as the European Defence Fund (EDF), the joint procurement initiatives EDIRPA (European Defence Industry Reinforcement through Common Procurement Act), ASAP (Act in Support of Ammunition Production), Military Mobility, the increased involvement of the European Investment Bank, and the ReArm Europe initiative are shaping a new, more coherent investment ecosystem for the defence sector. In addition, available funding instruments—including EDIP (European Defence Industry Programme), ECF (European Competitiveness Fund) and MFF (Multiannual Financial Framework)—with a focus on the opportunities created for the participation of Greek industry in new European schemes, combined with new domestic financial tools, are fostering a favorable investment climate.
As emphasized by the President of SEKPY, Anastasios Rozolis, “the European defence market is entering a period of profound restructuring, with increasing investment, reindustrialization of the production base, and new funding instruments that now cover the…
