Vimetco Extrusion, € 3.8 million project. Reduced CO2 emissions, less waste in the manufacturing process

 Vimetco Extrusion has completed the implementation of a project worth over € 3.8 million. The project involved the purchase of an automatic packaging line for finished products, an investment that will lead to a reduction in CO2 emissions and a reduction in the amount of waste generated in the production process.

 The project `Extruded Aluminium Profiles automatic packaging line` was financed with the support of grants from the Norwegian Financial Mechanism 2014-2021 within the program `SME Development in Romania`, Focus Area: Green Innovation in Industry, Blue Growth and ICT, according to the Financing Contract number 2020/548499, concluded with Innovation Norway as program operator.

 A € 1,851,000 grant

 The implementation of the project aimed to increase the competitiveness of Vimetco Extrusion by introducing `green` aluminum manufacturing processes, the specific objective being to achieve process innovation through the acquisition of an automated packaging line for finished products. The project ran from July 2021 to April 2024 and had a total value of €3,849,311, of which €1,851,000 was grant funding.

The implementation of the project aimed both to increase the company's turnover and to reduce CO2 emissions, reduce fuel consumption and waste produced in the manufacturing process.

The project was carried out in partnership with International Development Norway (www.id-norway.com), a Norwegian consulting company specialized in green innovation in industry.

Contact data:

Vimetco Extrusion

Project Manager: Stefania Yaksan

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