Gamma Commerce Ltd is a large company producing and trading paper, napkins, tissues and other paper products.
The company applied for BEERECL financing to invest in a production line upgrade to improve the production process and decrease the energy costs. The project included the replacement of old machines with a new automated and energy efficient production line.
The BEERECL team performed the project analysis, primarily the potential for energy savings and technical-financial parameters, as well as the environmental aspects to make sure the company complied with environmental standards and requirements.
The €161,700 investment allowed Gamma Commerce to decrease its energy and operational costs by €30,000 per year. This means the investment will pay off from the savings in just five years. For the years to follow these savings will become company income.
In addition, the project led to increased production, improved quality of products and decreased CO2 emissions by 142 tonnes of CO2 per year, contributing to the mitigation of the negative effects of human activity on the climate.
This project proves once again that investments in energy efficiency are very profitable and may lead to other additional benefits, enhancing the company’s standing.
This way the EBRD, through BEERECL, supports the implementation of sustainable energy projects by the private sector. Together, the private, residential and public sectors can make a change in energy consumption patterns and contribute to environmental protection.
This project was supported by Kozloduy International Decommissioning Support Fund (KIDSF).