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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Reinventing the Wheel - Agile Integrated Technological and Green Transition of the STARCO Beli Manastir

STARCO Beli Manastir d.o.o. ·Croatia

€1.3m
Grant awarded
Innovation, Research, Education and Competitiveness
Programme
10 May 2023
Signed

About this project

<p>STARCO Beli Manastir d.o.o. was founded in 2002 in the Beli Manastir, Croatia. STARCO BM is the only manufacturer of the steel wheels in Croatia and one of the few in Europe.</p> <p>Currently, &nbsp;STARCO is experiencing steady growing demand for special purpose wheels but is not able to deliver what market demands despite working in 4 shifts year after year. To answer to this demand, STARCO must improve its productivity, increase its production capacity, reduce operational costs, decrease the consumption of raw materials and energy per unit of product and adapt its product portfolio to the market requirements in terms of quality, price, volumes, and environmental standards. This is achieved through investing in production infrastructure, manufacturing equipment and tools, and leaning the whole production process. This project is going to help STARCO to become the leading lean and green wheel manufacturer in the European and global markets.</p> <p>This investment will lead to implementation of new technologies and will increase the competitiveness of the Company and its resistance to crises. It will significantly increase Company’s working capacity, together with its revenues and profit. New equipment will have larger efficiency and capacity which will enable the company to increase its much needed working volume. Tho Company will also move to much greener technology which will improve environment in the factory and in surrounding area.&nbsp;</p>

Bilateral cooperation results

The project partnership overall was a success. The partner Eupolis Grupa d.o.o. supported significantly with the development of the overall project concept and implementation of the digital platform and clustering approach. The partner IDN provided training and development materials for the Karakuri method to be used and taught in the factory.

Project partners