Our Financial Report
In 2020, industry expense increased by 10%. Taking into account COVID-19, the VinylPlus Steering Board continued a prudent management of expenses. A major increase in co-funding can be explained by new projects supported by EPPA members to expand window profiles collection in Europe. On the other hand, the increased percentage of funds allocated to overheads and voluntary commitment development is due to the stakeholder consultation for the development of the new programme running to 2030.
Expenditure by VinylPlus, including EuPC and its members, and national and sectoral co-funding, amounted to €5.77 million in 2020.