"Effective use of resources in KARO TRADYNG Ltd"

The project will carry out initial investments in tangible assets related to the expansion of the capacity of an existing economic site - an asphalt base, Belotintsi village, Montana. The project is based on a resource efficiency audit. The technological solutions and methods implemented under the project fall into one of the following categories: Development of manufacturing (process) innovation. The project has the potential to multiply the results The investment in the project is aimed at improving the resource efficiency of the enterprise and making a positive impact on the environment. Delivery and commissioning of the latest generation of Asphalt mixing plant is foreseen.   The expected results include a reduction in the amount of raw materials used in the production of a unit of output after project implementation; efficient waste management according to the waste management hierarchy; increasing the efficiency of production costs; improving resource efficiency awareness, reducing cost of production, and enhancing competitiveness. Investment support is to achieve good waste management through sustainable use of raw materials and mitigation of environmental impacts. The objectives and the expected results are in line with the corporate policy that the enterprise follows in its overall activity as one of the largest employers in the region. As a result of the implementation of the project, the working conditions of those employed in the production of asphalt mixtures will be improved.

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Overview

Status Closed (completion date)
Start date 28 Jan, 2019
End date 15 Dec, 2020
Contract date 28 Jan, 2019
View in UMIS

Beneficiary

Financial information

Total cost 2,435,643.84
Grant 1,462,386.30
Self finance 973,257.54
Total paid 1,462,386.30
EU participation percent 85.0%

Location