Enhancement of market priorities and improvement of competitiveness of “NES – New Energy Systems” Ltd through innovative product adoption

NES –New Energy SystemsLtd is a Bulgarian company,created in 2002 as a part of family business,specialized in production of products,using renewable energy sources and sparing the environment.Company`s product portfolio consists of solar thermal systems,heat-pump and biomass boilers,burners and stoves.The company is well-known both on the Bulgarian and on the international market with highly developed distribution network in more than 40 countries in Europe,Asia and USA.It possesses the trade marks SUNSYSTEM and BURNIT and is certified by ISO9001:2008.The dynamic development of NES – New Energy Systems LTD,requires regular investment activities,related to the implementation of new products and improving the production capacity in order to address new market opportunities,improve company`s competitiveness at national and international level and establish a sustainable business relations with international stakeholders. The current project proposal includes activities on element Investments and provides purchasing of tangible fixed assets:machine for laser cutting ,abcant machine,automatic line for dust painting necessary for the innovative product Boiler CB 160MV introduction. On element Services:Boiler CB160MV testing and certification Results: Innovative product Boiler CB160MV introduced into production Newly bought tangible fixed assets introduced into production Tested and certified innovative product Boiler CB160MV with the requirements of the European standards Production process optimization through productiveness diversification and market segment development as a result of the innovative product Enhancement of company’s innovation activity and improvement of its competitiveness;generation of accelerated economic growth The free financing possibility for part of the expenses for innovation realization is a key factor for the project’s inception and a guarantee for the set prognosis results’ achievement.

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