Investment for greener and zero waste production in Techceramic-M JSC

Project facts

Project promoter:
""TECHCERAMIC-M"" JSC(BG)
Project Number:
BG-INNOVATION-0019
Status:
Completed
Initial project cost:
€200,000
Final project cost:
€428,195
Donor Project Partners:
Norsk Energi AS(NO)

More information

Description

 

The Techceramic-M JSC project, funded under the Business Programme in Bulgaria and Norway Grants, aims to enhance the competitiveness of the company, specializing in manufacturing refractory and technical ceramic products. The project focuses on adopting greener production processes, introducing the innovative greentape casting technology, and launching three new products. This initiative aligns with the broader goal of reducing economic disparities and promoting sustainable practices. With a solid financial foundation, Techceramic-M JSC seeks to diversify its production portfolio, strengthen market position, and contribute to the environmental and socio-economic well-being of the North-Western region of Bulgaria. The project is poised to make a positive impact on the company''s competitiveness, environmental performance, and overall market presence.

The current project will strengthen the bilateral relations between the partners Techceramic-M JSC and Norsk Energi AS, which were established 2 years ago when the two companies signed a partnership agreement to implement a project under the first call for proposals. The current project is contributing to strenghten the bilateral relation between Bulgaria and Norway through facilitating international knowledge exchange and cooperation. Through preparing a review and technological assessment of the greentape casting process, the Norwegian partner will have an important role in supporting the Bulgarian company when introducing resource efficient technologies in the company which will improve its competitiveness and lead to sustainable growth

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.