Increasing energy efficiency in GRIND LTD through investment in new energy saving equipment

The company was founded end of 2010. In early performed only services, and in 2012 started manufacturing furniture. The main source of economic activity of the company is 31.09 Manufacture of other furniture. To achieve sustainable development the company is required to undertake renovation of part of the existing production equipment, as is physically and morally obsolete much less productive and more energy intensive unit. It is through the implementation of this project Grind Ltd. will proceed with investments to improve energy efficiency, which will reduce the cost of unit production will contribute to the introduction and development of environmentally sound production and enhance the sustainable competitiveness of the enterprise. The investment project envisages replacement of the existing technological equipment has been purchased following new equipment with higher technological capabilities: - Machining center CNC; - Automatic unilateral edging machine; - Automatic packet - band saws. After integrating the above mentioned technological equipment, the production capacity of the enterprise will grow significantly, which in turn will lead to taking more orders and expansion of the enterprise, as well as lower energy consumption per unit of production.

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Overview

Status Closed (completion date)
Start date 15 Nov, 2017
End date 04 Sep, 2019
Contract date 15 Nov, 2017
View in UMIS

Beneficiary

Financial information

Total cost 1,342,931.00
Grant 948,851.70
Self finance 394,079.30
Total paid 948,718.00
EU participation percent 85.0%

Location