Improvement of the energy efficiency of „OLIMPMIR “ LLC

The company was founded in 2008 as a Ltd. and in 2012 it was converted to „OLIMPMIR “ LLC with economic activity code 17.21 - Corrugated paper and paperboard and containers of paper and paperboard. The manufacturing activity is based in Ruets, Targovishte, where, upon arrival of the corrugated paperboard, the large boards are cut out by a cutting and creasing machine and made into packaging blanks. The blanks are passed through the slotter machine and the die machine, where they are cut and stamped according to the client needs. The unfolded paperboard containers subsequently go through a folder-gluer line prior to being strapped and arranged in pallets. The pallets are reinforced with stretch film and the final products are stored or prepared for expedition. Through the investment project the company has got the intention to expand the production by implementing new equipment, to improve the energy efficiency, to diversify the product range and to ultimately improve its competitiveness by means of the following activities: - Delivery, installation and implementation of a machine, used for the production of tri-layer corrugated paperboard; - Investment in recuperative equipment; - Implementation of an automated energy consumption monitoring system; - Services concerning the implementation of ISO 50001; - Services concerning the certification of ISO 50001; - Services concerning an Energy audit preparation for establishing energy efficient investment measures; - Visualisation services. Except the direct energy savings, the planned investments will also lead to additional benefits in other areas, e.g. benefits for the environment by reducing energy consumption and noxious CO2 emissions. The company will utilise only recycled materials for its production activities – recycled paper rolls.

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Overview

Status Closed (completion date)
Start date 24 Nov, 2017
End date 02 Nov, 2018
Contract date 24 Nov, 2017
View in UMIS

Financial information

Total cost 481,681.92
Grant 341,877.34
Self finance 139,804.58
Total paid 341,778.12
EU participation percent 85.0%

Location