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6,3 BILLION FOR TRANSITION FOR INDUSTRY 5.0 APPROVED

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Just sortly befere the end of the year approved EUROPEAN COMMISSION to ITALY a 6,3 BILLION EUR project named TRANSITION 5.0 PLAN

The European Commission has recently approved the Italian proposal to modify the National Recovery and Resilience Plan (NRRP) by integrating RePowerEU, allocating a significant budget of 6.3 billion euros to the Transition 5.0 Plan.

This new plan introduces targeted incentives to promote energy efficiency, self-consumption from renewable sources, and training in the industrial sector. The transition from Industry 4.0 to Industry 5.0 is gradually affecting Italian businesses, as they strive for sustainable solutions in the complete digitization of their facilities and production processes.

Details can be found https://www.woodandpanel.com/woodnews/article/the-european-commission-approves-industry-5-0-transition-plan/

With this approval, the 2023 approved investments and funding referring to INDUSTRY 5.0 reached to 5,7 BILLION EUR

Michael Rada - INDUSTRY 5.0 Founder

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