Increasing Energy Efficiency in "M-Press" Ltd.

"M-Press" Ltd. operates in the market since 1996. Our production activity includes design, prepress, printing and finishing of printing products - labels, flyers, leaflets, brochures, books, newspapers, forms, printed promotional products and more. To realize its strategic development plans, providing for the expansion of market positions of the internal and external markets, we plan the implementation of this project aimed at improving the energy efficiency of the enterprise and extend the capacity of an existing business entity in which it will be able to produce more than all already manufactured products. The project includes 5 activities for the acquisition of production equipment representing initial investments in tangible assets in accordance with energy efficiency measures set out in the audit report approved by SEDA and activity of implementation of a system for energy management according to ISO 50001 and its certification . All activities will be implemented in accordance with the regulations - the rules of Decree 160 / 01.07.2016, the Conditions of application and guide implementation of grants' contracts by OPIC. Along with this, the project will deliver and binding activities of information and publicity under the rules of Annex XII to Regulation (EC) № 1303/2013. The overall project objective is to achieve sustainable growth and competitiveness of enterprise "M-Press" LTD. As a result of its implementation the following effects in increasing the competitiveness and profitability of the company are expected: - Increasing energy efficiency (energy savings factor (ESR) of the project total: 75.11%); - Expansion of production capacity (total over 20%); - Increased resource efficiency and effectiveness of production; - Contribution to environmental protection.

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Overview

Status Closed (completion date)
Start date 15 Nov, 2017
End date 24 Jul, 2019
Contract date 15 Nov, 2017
View in UMIS

Beneficiary

Financial information

Total cost 1,686,140.00
Grant 1,188,134.00
Self finance 498,006.00
Total paid 1,187,136.20
EU participation percent 85.0%

Location