Loan Amount | € 790,394 |
Grant amount | € 118,559 |
EU Directives met | Directive on renewable energy, machinery, electromagnetic compatibility, and exposure to carcinogens or mutagens |
Invested in | Photovoltaic Power PlantNew shot-blasting machineReconstruction of the transformer station |
Energy Savings and GHG reduction | 2,560 MWh/y604 tCO2/y |
Krin KG d.o.o. was established in 2003 as a processer of natural stone products. With 77 employees, the company is active in the cutting and finishing of marble and granite products for customers in Kosovo as well as in international markets. Finished products include high quality cladding and decorative elements for buildings as well as stand alone exhibits. With its works produced for buildings, the company cooperates very closely with the construction sector. In addition to its production facilities, the company has 4 quarries under concession, securing a stable supply of granite, marble and travertine. The quarries are located far from the production facility.
To increase its independence from the grid, the company invested in the installation of a Photovoltaic power plant (1 MW) mounted on the roof of one of the production buildings. To increase the production efficiency and quality, the company also invested in a new shot-blasting machine for anti-skid treatment of granite and marble slabs and in the reconstruction of the existing transformer station.
In addition to meeting several EU directives, the investments reduced the harmful impact in the environment, improved health and safety of workers by reducing the PM 10 particles to a minimum, eliminating workers’ exposure.
Krin KG d.o.o. received free technical assistance to optimize its investment project and a 15% cash-back grant after the successful project verification, funded by the European Union.
With the investment, the company now meets a wide variety of European standards, including: