Encourage Elving OOD to Sustainable Development and Competitiveness by creating a product with high added value

Elivg Ltd. is a newly established company since 2018 with main activity production of electrical equipment with basic code of economic activity NACE 2008: 27.9. The company's ambition is to develop and successfully compete with other companies in the market by developing new advanced products that, on the one hand, have significant potential for sustainable development in view of their uniqueness and on the other hand are entirely market-oriented. In this connection, the company decided to start production of a product-electromagnetic valve for monobloc distributors. At present, this type of production is poorly represented on the Bulgarian and European markets and the interest of the customers towards the product is significant, which is a prerequisite for a successful market realization after the completion of the current project and the subsequent expansion of the capacity of the newly established company. Thus formulated, Elvig Ltd's goal requires the formation of a team with high qualification and experience in the field of pre-idea idea to ensure the successful start of production of electromagnetic valves. The team members who will participate are well-qualified specialists with extensive technical and applied experience that ensures the successful implementation of the planned project activities and the achievement of a final result - starting a production of a product with high added value and market potential aimed at reducing the impact on the environment, enhancing resource efficiency, creating opportunities for social integration and sustainable social impact for society. The successful implementation of the entrepreneurial idea of the project envisages the purchase of specialized high-tech equipment. The overall design of the product can be systematized as a concept that unites all the modern opportunities in the field of mechatronics and clean technologies from the Innovation Strategy for Smart Specialization.

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