GREEN GROWTH 4 STO-AL

About this project

<p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">STO AL was founded in 1995, in Cavle, near Rijeka, Adriatic Croatia. The main activity of the company is the manufacture of builders’ joinery, and some of its products are: PVC joinery, blinds, raw materials for room doors and anti-burglary doors. Most of its revenues are generated on Croatian market, even though in the past few years it has started to expand to other European Countries. </span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="color: #000000">About the Project</span></strong></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">As a manufacturer of builders’ joinery (PVC joinery, blinds, raw materials for room doors and anti-burglary doors), STO-AL needs to invest into new and modern equipment constantly, to be able to respond to growing customers’ needs and remain competitive. With this project, Applicant wants to achieve two goals: a) invest into new, superior equipment that will enable higher automation of the production, and b) better organization of the production process, by integration and achieving better control over all stages of the production process. </span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">With this project, project promotor will invest into the following items of equipment: </span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">- Circular format wood saw with electronic positioning<br> - CNC machine 2<br> - Edge Banding machine<br> - Assembling table<br> - Soot purifier, grease and water jet smoke<br> - Compressor station with tank and dehumidifier<br> - Electric forklift<br> - JLG electric scissor lift<br> - SW- CAD CAM Software </span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">In addition to achieving higher productivity/capacity increase and establishing more sustainable and resilient production process, leading to higher revenues and profit the implementation of this project will lead to greener production, because new equipment is energy efficient and enables reuse of wood waste in the production.</span></span></span></p>