Autohellas signs loan agreement with the National Bank as part of “Greece 2.0”

The contract aims to implement the investment plan of Autohellas, with a total budget of €170 million.

Autohellas signs loan agreement with the National Bank as part of “Greece 2.0”

National Bank and Autohellas have signed a loan agreement within the framework of the National Recovery and Resiliency Plan “Greece 2.0”. The contract aims to implement the investment plan of the second, with a total budget of €170 million, which is to be financed by €51 million through a loan from the National Bank, by €85 million with resources from the Recovery and Resilience Fund, while the €34 million are the same participation of the company.

The investment plan

The co-financed investment project concerns the renewal and expansion of the Autohellas fleet for the period 2022-2026, with the aim of its energy upgrade. In particular, the plan foresees the gradual replacement of the company’s existing fleet with new, electric and hybrid cars, with emission specifications of up to 50 gr CO2/km. The investment is entirely part of the pillar of the green transition, aims at the development of the green economy and contributes to the protection of the environment, through the emission of lower pollutants that characterize the new vehicles, in a percentage of more than 80% compared to the cars that are going to be replaced.

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