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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Grow greener

Sredna Gora AD ·Bulgaria

€500k
Grant awarded
Business Development, Innovation and SMEs
Programme
2 June 2021
Signed

About this project

<p>Established in 1963, Sredna Gora AD has evolved into a major Bulgarian enterprise, originally founded as a state entity producing furniture, windows, children's toys, and various wood products. Presently, the company specializes in crafting solid wood chairs, bar stools, and children's high chairs, securing its position as one of Europe's premier manufacturers of solid wood chairs. With a remarkable 42-year partnership with IKEA and a strategic alliance with the Norwegian company Stokke since 2011, particularly for the production of early childhood chairs known as "Tripp Trapp," Sredna Gora AD has established itself as an industry leader.</p> <p>The primary goal of the project is to bolster the company's competitiveness by streamlining production processes and enhancing the management of generated waste. The proposed investment encompasses the introduction of an Ultra Violet Roller Coating Line and a Four-Sided Molding and Profiling Machine. These advancements are poised to optimize lacquering and profiling processes, accompanied by an investment to augment the pellets production line and enhance working conditions.</p> <p>This project represents a significant value addition for the company, with the creation of ten new jobs in the region serving as a key social benefit. Beyond enhancing competitiveness, the initiative contributes to regional economic growth and underscores Sredna Gora AD's commitment to sustainable and efficient manufacturing practices.</p>