Energy Efficiency for sustainable growth

“Stelman" OOD is a company specialized in the production of concrete mixture, with classes from lowest to highest ones, thus meeting the specific requirements of different customers and designs. The main problems faced by the company management would be summarized as follows: • High energy intensity of the production process resulting from utilization of outdated machines and technology • Low productivity, which do not allow development and increase of production capacity. Stelman strives to build and maintain its image as a socially responsible company and pursues a policy aimed at increasing resource efficiency and effectiveness of production process. Thus, the project activities are aimed at significant and visible progress towards sustainable ecological development of the company, reducing environmental impact and increasing sustainability for environmental friendly development, achieving more efficient and responsible utilization of natural resources through: • Investments in new energy efficient and highly productive equipment for manufacturing and delivery of concrete mixtures, thus implementing energy efficient measures recommended in the report for energy efficiency audit; • Consultancy services required for the introduction and certification of energy management system according to ISO 50001 and performing an energy audit (energy efficiency audit of Stelman). The implementation of the project activities will significantly improve the competitiveness of the company in the following areas: • Improving resource efficiency - the introduction of more efficient technologies and processes will lead to preserving natural resources, energy and materials, which results in lower cost of manufactured concrete mixtures • Improved market position – the increased production capacity of the new equipment will enable Stelman to expand the its production portfolio and increase market share in the segment for production of building materials.

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Overview

Status Closed (completion date)
Start date 21 Aug, 2017
End date 18 Oct, 2018
Contract date 21 Aug, 2017
View in UMIS

Beneficiary

Financial information

Total cost 1,198,500.00
Grant 847,450.00
Self finance 351,050.00
Total paid 811,000.30
EU participation percent 85.0%

Location