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Description
GEC is a small company located in Continental Croatia that operates since the 1990-ties in the field of production of plastic bags and other material from plastic. With this project, the company wants to purchase the printing machine, to enable production of 6-color foils for pellets, and extruder, that will enable it produce thinner plastic bags and also bags from biomaterial. This will increase competitive advantage of the company, and enable it to expand to new markets.
Summary of project results
The outcome of this project is: 1 new printing machine purchased, installed and put into operation (enabling the Project Promotor printing of multi-colored foils for new industries), and 1 new extruder purchased, installed and put into operation (enabling production of bags with less plastic and bags from biomaterial). With this investment, the capacity of Project promotor increased, and Project Promotor is able to take new orders and assume new markets.
All activities have been finalized as planned, and within scheduled time frame.
The closing ceremony was held on May 28, 2022, but representatives from Innovation Norway did not attend due to late notice. Innovation Norway plans to carry out monitoring in late 2022.