| Project Detail |
Description
The loan underlying investments include the promoters Research, Development and Innovation (RDI) activities in the field of electrical, electronic products and related services, and particularly on instrument transformers, auxiliary relays, recloser and switches as well as substation automation systems. The project concerns also activities to implement lean principles in the production processes and increase their efficiency, improve processes quality and quality control in production, as well as upgrade the factories digital infrastructure. The project comprises only the EU-based investments of the promoter on the above mentioned activities and covers the period 2020-2023.
Objectives
The project aims at developing innovative products and services to contribute for the power sector by facilitating innovations to help utilities progress towards more intelligent, secure and efficient power systems. The project aims also to implement lean principles in the production processes and increase their efficiency, improve processes quality and quality control in production as well as to upgrade the factories digital infrastructure.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 27 million
Total cost (Approximate amount)
EUR 54 million |
