Grant supported the development of a new product
"By monitoring the Public Procurement Portal and analyzing the announced tenders, we have established the need for the introduction of a new product - support clamps for low voltage conductors. We first analyzed what characteristics and standards the new product should meet, and then we procured the appropriate tools and started production. Thanks to the new product, we have completed our assortment and increased revenues, which has improved our rating in the market in which we are currently present, but also created an opportunity to conquer new markets," they say in "Bg Energo-tim".
During the implementation of the project, the company employed 7 people, and there was an indirect increase in the number of employees with suppliers of raw materials. Also, an increase in the number of employees of their customers in the field of product installation and maintenance is expected.
The project also seeks to positively influence the preservation of the environment, through the reduction of waste in the production process.
The company is very grateful for the financial support it received from the C2C fund, but also for the support of the entire project team during the project implementation.
"Grant support is very important for businessmen. In order to successfully and timely respond to the strict requirements of the market that expects quality in accordance with international standards, competitive prices and the like, the company must constantly invest in employee training and in the production process. Such investments are high and the support of a fund such as Challenge significantly relieves its finances and enables savings for future investments", they pointed out in this company.
"Bg Energo-tim" is engaged in the production of cast products that are sold to the electrical industry, mines, railways and the oil industry. The company currently has seventeen employees.

