Increasing the competitiveness of the company S.C. TEMPO PAM S.R.L.

Project facts

Project promoter:
SC Tempo Pam SRL(RO)
Project Number:
RO-INNOVATION-0025
Status:
Completed
Initial project cost:
€478,900
Final project cost:
€690,883

Description

The main goal of the project is to further develop the capability of the company to perform general mechanic services and increase the capacity of the production for the current products. The project will also enable the company to add new products to their portfolio. The aim is also to increase the production space of the company by building a new 82 m2 production hall which will be an extension to the current space.

As a result of the project, the company would be able to produce more products like a reconditioning wheel for bridge crane, industrial clamps, and reconditioning machines for pipe industry. The company also needs to purchase various equipment like automatic welding machine, laser cutting machine and CNC press break. Key activities include:

  • Project management performed by the internal team.
  • Construction work related to the new extension.
  • Investment activity related to the new equipment.
  • Financial audit.
  • Project publicity to promote the project.

CO2 emissions is estimated to decrease annually be 5.297 kg compared to baseline year 2019. The project is expected to generate 2 new jobs.

Summary of project results

The project has contributed to the increase of competitiveness of Tempo Pam through the acquisition of various equipments and extension of the production hall. Following the implementation of the project, the Applicant will be able to diversify its portfolio of products, thus leading to an increase in turnover and profit. 

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.