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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

ECODOAW BY Savex - the big impact of going small

Ficosota OOD ·Bulgaria

€750k
Grant awarded
Business Development, Innovation and SMEs
Programme
10 September 2019
Signed

About this project

<p>In pursuit of heightened competitiveness, Ficosota OODs project aims to introduce a groundbreaking product to the market: the mini-sized laundry capsule.</p> <p>Recent innovations by Ficosota OOD have led to the development of a compact capsule, featuring a reduced quantity of detergents without compromising the final product's quality. Adding to its appeal, an aroma kernel enhances the capsule's attractiveness to consumers. Notably, the capsule's design, safeguarded internationally, showcases a distinctive two-section flower shape with specialized formulations. The outer section maximizes washing performance, while the inner "fragrance booster core" encapsulates fragrance, ensuring an optimal scent on dry clothes.</p> <p>This initiative encompasses key milestones:</p> <ul> <li>The installation and operation of a Production and Packaging Line dedicated to mini-sized laundry capsules.</li> <li>Certification of the useful model for the new green product.</li> <li>The creation of 10 new job opportunities.</li> </ul> <p>In alignment with Ficosota's overarching strategy for expansion and modernization, an additional project component has gained approval. This component focuses on bolstering the company's competitiveness by implementing a new production and packaging line tailored for stand-up pouches (flexible pouch), specifically designed for Home and Personal Care liquid products.</p> <p>This strategic move is pivotal in realizing the company's vision, facilitating an increase in production capacity and broadening its reach to a more extensive consumer base. Furthermore, it aligns with sustainability objectives, advocating for reduced material, electricity, and water consumption during raw material processing, diminished fuel usage in transportation, and enhanced opportunities for recycling.</p>