Improving the energy efficiency and capacity of Eko Forest Group Ltd

With the project of "ECO FOREST GROUP"Ltd. will be achieved increasing of energy efficiency and capacity through investments in energy efficiency measures leading to sustainable growth and increase competitiveness. Planned investments are consistent and comply with the measures and recommendations of the conducted energy audit in the company, which was confirmed by a positive opinion of SEDA. Key activities are provided, related to the prepared energy efficiency audit (preliminary activity, carried out according to the Guidelines of MA) activities for the initial investment in material equipment 18 pcs, activity of implementation and introduction of energy resources management system, in accordance with the requirements of the standard EN ISO 50001, information and publicity activity, aimed at promoting financial support of the ERDF to achieve the objectives and results of the project. With the realization of investments in the implementation of energy efficiency measures, existing economic object of "ECO FOREST GROUP" Ltd in Smolyan, Industrial Zone East, quarter of Ustovo, 6 Str. will be expanded and will be able to realize more complete production-bedrooms and gardens furniture, compared to the produced quantity to date. The expected results of the project will be directed to: -Increased energy efficiency with -PES total: 35,6%, ESR total: 45.5%; -Expanded capacity of "ECO FOREST GROUP"LTD in the town of Smolyan in production of furniture for bedrooms and gardens; -Improved resource efficiency; - achieved energy savings; -Improved competitiveness of the enterprise; -Improved energy management through an embedded EN ISO 50001; -A higher level of utilization of recycled materials. The project objectives set in the project and expected results are consistent with the purpose of the procedure BG16RFOP002-3.001"Energy Efficiency for Small and Medium Enterprises as well as the Investment Priority 3.1."Energy Technologies and Energy Efficiency"by OPIC 2014-2020.

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Overview

Status Closed (completion date)
Start date 06 Dec, 2017
End date 23 Oct, 2019
Contract date 06 Dec, 2017
View in UMIS

Financial information

Total cost 2,214,100.00
Grant 1,491,083.00
Self finance 723,017.00
Total paid 1,489,793.80
EU participation percent 85.0%

Location