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Hatching opportunities with energy efficiency

Investor
Masis Poultry LLC
Location
Masis, Armenia
Investment
Installation of egg-tray production lines
Investment Size
US$ 172,000
Resource savings
50%
Impact
Increased productivity and reliability in production, reduced costs
Donor
EU, Austria

Energy-efficient equipment halved electricity consumption and helped the Masis Poultry factory to concentrate on its main business.

The poultry company, established in the country’s central region, was producing egg trays with local equipment. To meet production needs, the company sometimes also imported ready-made egg trays from Georgia, which was cost-inefficient and difficult to manage from an operational perspective.

The company decided to increase efficiency by decreasing its energy consumption and investing in a higher-capacity production line by installing energy efficient egg-tray production lines.

The local finance institution team performed the project analysis, calculated the potential energy savings and determined the financial-technical parameters.

The US$ 172,000 investment allowed the company to reduce its energy consumption by 50%.

The new equipment led not only to a reduction in CO2 emissions, but also made a valuable contribution towards developing the business to a new level.

“Without this investment, the company would not be able to grow in a sustainable way”, said director Ashot Matevosyan.

This project was supported by EU and the Austrian Federal Ministry of Finance.

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