Supported by a grant from Norway through the Norway Grants 2009-2014, in the frame of Green Industry Innovation Programme Romania”
``Green business development for increased competitiveness``NORWAY GRANTS PROJECTS
PROJECT“Green business development for increased competitiveness”
Project promoter: ROMRADIATOARE S.A. , Brasov, Romania
Case number: 2014/113341
Total value of the project is € 932.940, out of which the grant will not exceed € 460.000, with a grant rate of 49.30%, categorized as state aid under “Commission Regulation (EC) No 651/2014 of 17 June 2014 under the following state aid category – Regional Investment Aid (Art. 13 and 14).
Case number: 2015/123262
Total value of the project is max € 180.000, out of which the grant is:
- Maximum 37.500 euro – categorized as state aid under “Commission Regulation (EC) No 651/2014 of 17 June 2014 under the following state aid category – Regional Investment Aid (Art. 13 and 14) and
- Maximum 52.500 euro – categorized as de minimis aid according to Regulation (EC) no 1407/2013 on the application of articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.
Project is being implemented at: ROMRADIATOARE S.A., Str. Zizinului 113A, Brasov, Romania
Deadline for completing project implementation: 30 April 2016
- Significant improvement of the environmental performance of ROMRADIATOARE S.A.’s production processes with the help of innovative and eco-friendly technologies and materials
- Significantly increase the production processes capability and capacity for the greener product ranges from the portfolio
ROMRADIATOARE designs and manufactures heat exchangers and cooling/heating systems, metal fabrications and module assemblies. By implementing innovative and eco-friendly technologies in the production processes and by increasing the quality and share of greener products, ROMRADIATOARE will significantly improve its environmental performance, becoming better aligned with the overall expectations of all its stakeholders (national/international clients and suppliers, employees, owners, local community) which will increase the competitiveness of the enterprise on a national and European level. Expected results: reduction of energy and natural gas consumption, reduction of material waste, reduction of noise levels, reduction of harmfull emissions into the atmosphere and wastewater, increasing the share of green jobs in production.
The project has a direct impact on the reduction of economic and social disparities in the EEA area, by improving environmental protection, increased production capacity for greener products, decreased levels of harmful emisions to air water and ground, and reduced waste and consumption of raw materials and energy.
ABOUT FINANCING PROJECT
The Green Industry Innovation Programme for Romania will contribute to the overall objective of the Norwegian Financial Mechanism 2009‐2014 which is to contribute to the reduction of economic and social disparities in the European Economic Area (EEA) and to strengthen the bilateral relations between Norway and Romania. The Programme complies with the Agreement between the Kingdom of Norway and the European Union on the Norwegian Financial Mechanism 2009‐2014, the Regulation on the implementation of the Norwegian Financial Mechanism 2009‐2014 and the Memorandum of Understanding on the implementation of the Norwegian Financial Mechanism between Norway and Romania.
The objective of the Programme is to increase competitiveness of green enterprises, including greening of existing industries, green innovation and green entrepreneurship. The programme strategy is in line with Romanian national policies. The expected outcome of the Programme is realisation of business opportunities of greening the European economy. The Green Industry Innovation Programme for Romania is a business development programme and the Programme vision is: Good for Business and Good for Environment. All supported projects should aim at a final result of improving the environment performance of enterprises. The Green Industry Innovation Programme for Romania is operated by Innovation Norway, a public company owned by the Norwegian Ministry of Trade, Industry and Fisheries and all the Norwegian County Municipalities. More information about the programme can be found at www.norwaygrants-greeninnovation.no.