This company produces kitchen utensils, clothing and body showers, offering more than 100 different commodities to its customers. Over the past years it has increased the production of detergents, mainly deployed for kitchen utensils, clothes and porcelain.
To reduce its excessive electricity consumption and maintenance costs, the company planned to invest in two new energy efficient duplicators. The company addressed KoSEP for loan financing of this project.
The KoSEP team supported the company with analysis of the proposed technologies, in particular, the potential of energy savings, financial-technical parameters and risks.
The €13,750 investment allowed the company to decrease its energy consumption by 70 per cent and water consumption by 56 per cent, translated into the cost savings of €2,694 per year. Simple mathematics shows that the investment will be repaid out of energy savings in four and a half years, turning the new cash-flow into company’s income for the years to follow. In addition, the company decreased its CO2 emissions by 26.8 tonnes per year, making its input to mitigation of the negative effect of the human activity on climate.
Such business investment examples not only stimulate people to improve the quality of life, but nurture the culture of wise and careful attitude to environment and its resources.
The EBRD through KoSEP supports the sustainable financing and implementation of energy efficiency and renewable energy projects by the private sector. Together, the private, residential, and public sectors can make a change in the energy consumption patterns and contribute to the environmental protection.