Acetica SRL is a Romanian vinegar established in 1976. The initial production capacity of the plant has increased by five times reaching 25,000 of hectolitres per year.
The company decided to invest in energy efficient modernisation of the production line and addressed RoSEFF for financing. The RoSEFF team performed analysis of the energy saving potential of the company and of the suggested measure, its financial-technical parameters and profitability of the project.
The final project comprised replacement of four old wooden tanks with a single large stainless steel tank for vinegar fermentation.
The €298,900 investment allowed the company to decrease its energy consumption by 73%, while doubling the production volume. The new equipment will also decrease the production period to 2-3 days instead of 7-8 days and reduce CO2 emissions by 1,135 tonnes per year. Finally, the investment significantly reduced costs and therefore enables the company to be more flexible and competitive in the market.
This way, the EBRD and RoSEFF support the sustainable financing and implementation of energy efficiency and renewable energy projects by the private sector. Together, the private, residential and public sectors can make a change in energy consumption patterns and environmental protection.