Investments for improvement of the energy efficiency and increase of the competitiveness of FACTOR Ltd.

In its current project proposal FACTOR Ltd. is planning to invest in improving the energy efficiency in the manufacturing process of the company. All measures were recommended in a conducted energy audit and have a confirmed effect of energy savings of over 5%. The successful implementation of the project will be an important prerequisite for the long-term development of the company and its imposition of the international and national markets. The following investments are planned: • Improvement of the performance of the building by replacing windows, sectional doors and laying insulation; (Measure 1); • Acquisition of new energy efficient production equipment - hydraulic guillotine and 8 traveling cranes; (Measure 2 and 3); • Replacement of the lighting with new, significantly more energy efficient; (Measure 6); • Installing system for recovery of wasted heat from the compressor; (Measure 4); • Introduction of an automated system for monitoring the energy consumption; (Measure 5); • Implementation of a Energy management system in compliance to ISO 50001. The implementation of the project will directly contribute to achieving the expected results of the procedure, namely "enhancing the competitiveness of enterprises by improving their energy efficiency and capacity." The estimated project duration is 18 months.

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