Green Walker

Project facts

Project promoter:
Saba Ltd.(BG)
Project Number:
BG-INNOVATION-0059
Status:
Completed
Initial project cost:
€199,696
Final project cost:
€197,359

More information

Description

Saba Ltd., a seasoned shoe manufacturer established in 1995, stands as one of Bulgaria''s enduring footwear producers, distinct from any legacy of the socialist era. The company''s product range spans men''s, women''s, and children''s footwear, encompassing sandals, shoes, boots, and loafers. Notably, since 2016, Saba has ventured into a new market niche: ice skate production, constituting an impressive 8% of the total production output. Presently, the majority of their footwear production caters to children, with approximately 20% dedicated to sports shoes for men and women. The company''s annual production capacity fluctuates between 70,000 to 100,000 pairs of shoes, contingent upon complexity.

Saba Ltd. faces mounting challenges in meeting client demands, grappling with precision issues in the manufacturing process and product quantities. Critical components within their current production line have remained unchanged for over 15 years, resulting in frequent equipment breakdowns that escalate material wastage. Operating predominantly with raw materials owned by their clients, each contract imposes specific material waste thresholds that must not be exceeded.

The ongoing project is not only pivotal for the company''s short and medium-term growth but is instrumental in its survival, ensuring the sustenance of enduring partnerships with global brands. Simultaneously, it propels the company toward establishing its own brand identity. The acquisition of a tailor-made Eco-materials shoe production line, employing the Strobel sewing method, will facilitate a significant boost in production capacity, while fostering energy efficiency and curtailing material and water wastage.

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.