ECO VIS

Project facts

Project promoter:
VIS PROMOTEX LTD.(HR)
Project Number:
HR-INNOVATION-0011
Status:
Completed
Final project cost:
€1,759,161
Other Project Partners
MARE PRO(HR)

Description

VIS Promotex  is a textile production company, one of the leading manufacturers of promotional and technical textile products in Europe. Its main product is promotional parasol and company produces all parts of the parasol.

It uses synthetic yarn imported from China as its basic raw material, which is subject to a complex process of inter-related stages of yarn opening, spinning, weaving, whitening, coating and printing, to get the desired quality of a final product.  However, large part of raw material ends up as waste, causing additional cost to VIS Promotex, and has negative footprint on the environment. Therefore, Vis Promotex’ intention is to start recycling the waste generated in the production, so it can be reused in the production. This investment project is about purchasing the equipment, necessary for carrying out waste recycling.

Implementation of project will have significant positive impact on company’s business (lower production cost, increased market share). It will also have significant positive impact on the environment.

 

Summary of project results

The project aimed to address the high production  costs and environmental impact caused by large amounts of synthetic yarn waste generated during the manufacturing process and treated through incineration. It also aimed to address the high waste treatment costs, due to incineration. 

VIS Promotex implemented the project by purchasing and integrating recycling equipment into its production line, enabling the reuse of textile waste in the production process. 

The project led to reduced production costs for VIS Promotex by reintegrating recycled waste into the production process, decreasing the company’s reliance on purchasing raw materials from the market. This not only improved profitability but also enhanced competitiveness, as demand for eco-friendly products continues to grow. By recycling waste instead of sending it to landfill or incineration, the company also lowered its environmental footprint, bringing broader benefits to the community.

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.