Reinventing the Wheel - Agile Integrated Technological and Green Transition of the STARCO Beli Manastir

Project facts

Project promoter:
STARCO Beli Manastir d.o.o.(HR)
Project Number:
HR-INNOVATION-0042
Status:
In implementation
Initial project cost:
€1,345,983
Donor Project Partners:
International Development Norway IDN(NO)
Other Project Partners
Eupolis Grupa Ltd(HR)

More information

Description

STARCO Beli Manastir d.o.o. was founded in 2002 in the Beli Manastir, Croatia. STARCO BM is the only manufacturer of the steel wheels in Croatia and one of the few in Europe.

Currently,  STARCO is experiencing steady growing demand for special purpose wheels but is not able to deliver what market demands despite working in 4 shifts year after year. To answer to this demand, STARCO must improve its productivity, increase its production capacity, reduce operational costs, decrease the consumption of raw materials and energy per unit of product and adapt its product portfolio to the market requirements in terms of quality, price, volumes, and environmental standards. This is achieved through investing in production infrastructure, manufacturing equipment and tools, and leaning the whole production process. This project is going to help STARCO to become the leading lean and green wheel manufacturer in the European and global markets.

This investment will lead to implementation of new technologies and will increase the competitiveness of the Company and its resistance to crises. It will significantly increase Company’s working capacity, together with its revenues and profit. New equipment will have larger efficiency and capacity which will enable the company to increase its much needed working volume. Tho Company will also move to much greener technology which will improve environment in the factory and in surrounding area. 

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.