Project “Strengthening the competitiveness of A-elektronik by investing in a digital and green transition”
The project is co-financed by the Rehabilitation Assistance for Cohesion and European Areas “REACT-EU” under the Operational Program Competitiveness and Cohesion 2014-2020.
Short description of the project: A-elektronik d.o.o. has signed Grant Agreement number: KK.11.1.1.01.0062 for the implementation of the project “Strengthening the competitiveness of A-elektronik by investing in a digital and green transition ” with the Ministry of Economy and Sustainable Development and the Croatian Agency for SMEs, Innovation and Investment (Hamag Bicro).
The project plans innovation, digitalization, automation and optimization of business processes and business organization of A-elektronik. This is planned to be achieved by implementing advanced technological solutions with the aim of energy efficient and environmentally friendly production, which contributes to the green and digital business of the company.
Project implementation period: The project will be implemented from July 31, 2021 to September 30, 2023.
Project purpose (specific objectives): The specific objective of the project is to improve the development and growth of small and medium-sized enterprises affected by the economic crisis in the context of the COVID-19 pandemic in order to move to a green and digital economy.
- implementation of ERP system, integrated information system for business support, and accompanying hardware equipment,
- implementation of digital technology and holistic solution,
- centralization and synchronization of all business processes within the company,
- purchase of an automated machine for application of solder paste,
- purchase of an automatic machine for separation of SMD boards,
- procurement of software for designing printed circuit boards
Expected project results: Increasing the company’s competitiveness in the domestic, but primarily foreign market, means that the company achieves a long-term business goal, which is to harmonize the leading position in terms of quality with the achieved market position.
The project contributes to the achievement of set climate and energy goals and the circular economy and energy efficiency thanks to the implementation of digital solutions through the entire business, and especially in the production process as well as all the previously described benefits of this implementation.
The project is also a response to the digital strategy of the European Commission because it includes the implementation of digital solutions whose use represents new market opportunities for the company, but also contributes to the fight against climate change and green transition because it minimizes the human factor, and thus production waste and energy use from distribution networks, which will ultimately reduce the negative impact of the company’s business on the environment by an average of around 50%.
The result of the project will be 9 new employees in order to maintain the growth of the company’s business, and thus meet the market need or reach the target market position while maintaining a leading position in terms of quality. This will also contribute to the growth of the company’s sales revenue by 40%, increase in export revenue by 40%. By investing in green and digital technologies, the company will significantly contribute to the growth and development of absolutely every aspect of its business, and thus market competitiveness, but also create conditions for faster and better adaptation of the economy to modern and future environmental requirements. Through the process of digitalisation it will influence an increase in efficiency of production and the preservation of existing jobs as well as the creation of new jobs.
The total value of the project is: 3,174,025.59 HRK
Total eligible costs are: 1,983,461.27 HRK
The total amount of the grant is: 957,962.19 HRK
For more information on the Competitiveness and Cohesion Operational Program, visit: