V and T Trade Ltd. started its activity with trade and import of packaging consumables in the year 2002. In the year 2009 the company began its own production of plastic packaging for the marketing of which it uses a developed distribution network. The product portfolio of the company comprises of a wide range of PP/PET trays and containers for food packaging, the sale of which is constantly increasing both on the Bulgarian and European markets. V and T Trade Ltd. is certified in accordance with ISO 9001:2008 and ISO 22000:2006. The current project is to be implemented in a highly energy intensive sector – C 22 “Manufacturing of rubber and plastic products”. The main activity of this project is the acquiring of a new energy efficient extrusion line for the production of thermoforming (PET - polyethylene terephthalate) film, used for the manufacturing of plastic packaging. Through this project’s investment high values of energy savings will be achieved while the production of plastic packaging will become more energy- and resource-efficient while also ensuring an activity supportting the protection of the environment. The project is based entirely on the recommendations of an energy audit, approved by AUER with opinion № BG16RFOP-185/09.08.2016. The intended with this project production line constitutes energy efficiency measure 1 with confirmed energy savings effect of 53.1% in accordance with the assessment. The project also includes the implementation and certification of an energy management system in accordance with ISO 50001 for which consultancy services are intended. As a result of the project’s activities the production of V and T Trade Ltd. will be less energy intensive, meaning less of the production expenditures will be for energy, while simultaneously it will expand its capacity for more and higher quality products. As a consequence the company’s profitability and competitiveness on the Bulgarian and European markets will increase.
Overview
Status | Closed (completion date) |
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Start date | 15 Nov, 2017 |
End date | 10 Jun, 2019 |
Contract date | 15 Nov, 2017 |
Programme
Beneficiary
Financial information
Total cost | 3,860,010.00 |
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Grant | 1,499,826.89 |
Self finance | 2,360,183.11 |
Total paid | 1,386,602.19 |
EU participation percent | 85.0% |
Location