Green business development for increased competitveness

Project facts

Project promoter:
ROMRADIATOARE S.A.
Project Number:
RO17-0042
Target groups
Small and medium-sized enterprises (SME)
Status:
Completed
Initial project cost:
€1,112,940
Final project cost:
€1,103,063
From Norway Grants:
€ 541,825
The project is carried out in:
Centru

Description

ROMRADIATOARE designs and manufactures heat exchangers and cooling/heating systems, metal fabrications and module assemblies. By implementing innovative and eco-friendly technologies in the production processes and by increasing the quality and share of greener products, ROMRADIATOARE will significantly improve its environmental performance, becoming better aligned with the overall expectations of all its stakeholders (national/international clients and suppliers, employees, owners, local community) which will increase the competitiveness of the enterprise on a national and European level. Expected results: reduction of energy and natural gas consumption, reduction of material waste, reduction of noise levels, reduction of harmfull emissions into the atmosphere and wastewater, increasing the share of green jobs in production. The project has a direct impact on the reduction of economic and social disparities in the EEA area, by improving environmental protection, increased production capacity for greener products, decreased levels of harmful emisions to air water and ground, and reduced waste and consumption of raw materials and energy.

Summary of project results

The “Green Business Development for Increased Competitiveness” project has significantly contributed to creating a sustainable technological base for the company to improve its environmental and economic performance, thus becoming better aligned with the expectations of its stakeholders: national and international clients and suppliers, employees, owners, local community. The investment project consisted in the acquisition and implementation of over 30 innovative and eco-friendly machines and equipment. The main immediate results achieved upon completion are: - Production capacity for greener products (brazed aluminum heat exchangers), increased 2.74 times, from 5,250 pcs average size units per year at project kick-off to 14,400 (target was 11,500) - Reduction with 31 % of scrap levels due to quality issues, as percentage of total quantity of main raw materials consumed, from 1.28% at project kick-off to 0.89% at year-end 2016 (target was 1.00%) - Reduction of Zinc emissions in the wastewater (mg/l): baseline 0.98, achieved 0.26 (target was 0.85) - Energy consumption reduction estimated at 126.64 MWh/year (savings achieved 9.78% compared with 2014 efficiency, target was 7.97%) - CO2 emissions reduction estimated at 156.88 tons/year (savings achieved 10.92% compared with 2014 efficiency, target was 7.90%)

Summary of bilateral results