Energy efficient solutions to expand production capacity and improve the competitiveness of "Feeriya - 98" Ltd.

"Feeriya - 98" Ltd. is a small company whose business is focused on the production of decorative color cosmetics - nail polish, powders, lipsticks, toilet water, etc. Production workshops of the company are located in the village of Zimnitsa, Straldja Municipality. The main production of the company is aimed at the foreign market, as exports occupies over 85% of total production, while in Bulgaria the company has a well-developed sales network. This project involves activities leading to expansion of production capacity and increase the energy efficiency of the company and reduce costs of the company unit in order to increase energy efficiency and competitiveness of the enterprise to achieve low production costs and reduce emissions of carbon dioxide into the atmosphere. The applicant has ordered the energy audit in accordance with the requirement of the funding program and investment intentions. To increase energy efficiency and expand capacity, the company provides fulfillment of the following eligible activities under this procedure: 1). Acquisition of new production equipment - Automatic rotary nail polish filling and brush feeding and cap closing machine - 1 pc. 2). Reducing energy costs in manufacturing facilities by building a system for heat recovery - 1 pc. 3). Introduction of an automated system for monitoring energy consumption. 4). Consultancy services for implementation and certification of energy management system in accordance with standard EN ISO 50001 management systems (energy). 5). Performing an energy audit form. 6). Publicity and visualization of the project.

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Overview

Status Closed (completion date)
Start date 21 Aug, 2017
End date 10 Jun, 2019
Contract date 21 Aug, 2017
View in UMIS

Financial information

Total cost 317,995.76
Grant 230,397.03
Self finance 87,598.73
Total paid 230,224.99
EU participation percent 85.0%

Location