Greening of the production process of the company Trgometal d.o.o.

About this project

<p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">The Applicant has been in operation since 1981. Today, Trgometal manufactures and installs metal structures, parts of machines/entire machines and different plants and it performs overhaul work on industrial plants using its own products. It produces complex, high value-added products and installing them in the plants of companies from various sectors of the process industry.</span></span></span><br> <span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">Trgometal's production process is currently unsatisfactory, and because of its obsolete technology, its production capacity is limited. It is also facing high level of errors in production, insufficient precision, high production costs, high CO2 emissions and high pollution of working environment. &nbsp;</span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">With this project, Trgometal is investing into new CNC machine, that will significantly increase its capacity, which is needed for Trgometal to be able to adequately respond to already existing market demand. </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">The new CNC laser cutting machine is several times more efficient than the current technology, therefore, it will enable replacement of two existing machines currently in use within the company. There will still remain sufficient capacity for new quantities of production, thus company will be able to assume higher volumes of orders from the existing clients and will be able to assume new clients, both in Croatia and in other European countries/on international market (one of its target client is Konsgberg Group, Norway). </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 that, with this investment, Company will be able to offer laser cutting services to other (external) customers, who do not own the CNC cutter.&nbsp; </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">The investment will enable greening of the production process, as new machines will enable significant savings of energy consumption, in comparison to old ones. </span></span></span></p> <p><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="color: #000000">The Company will increase its competitiveness, its operating revenues and its profit.</span></span></span></p>