LTD Demetre & Company was founded in October 2015 and owns a 34,494 m2 land plot in Akhaltsikhe, Georgia. With the investment the company build a state-of-the-art production facility for building materials comprising a Mobile Concrete Batching Plant, a Stationary Production Line, an Excavator (Volvo EC350DL), a JCB Excavator/Loader, a Hydraulic Hammer, a Hyundai Forklift Loader and a Mobile Impact Crusher. The new plant is fully aligned with the EU requirements and the ISO Standard.
The investment was carried out via EU4Business-EBRD Credit line and as per the credit line terms, apart from substantial loan amount, the company received free-of-charge technical support from the team of international experts
After the successful project verification LTD Demetre & Company received 15% of the loan amount as a grant cashback, funded under the EU4Business initiative of the European Union.
With the investment, the company now meets a wide variety of European standards, including:
Loan Amount | € 1,641,731 |
Grant amount | € 226,834 |
EU Directives met | Regulation on energy efficiency, machinery, electromagentic compatibility, vehicles and trailers |
Invested in | Concrete batching line, excavators, crushers, forklifts |
Energy Savings | 446 MWh/year |
GHG Savings | 165t CO2/year |
Energy Saving Ratio | 20% |
