Cutting down on energy costs? Yes you can

Page 1

ECONOMY > MOLDOVA

Cutting down on energy costs? Yes, you can The old wooden windows were replaced, a new steam boiler was www.enpi-info.eu installed, and even the light bulbs were changed. New, modern equipment was also purchased. At lonel, the largest clothes producer in Moldova, the innovations did not only result in a direct reduction of energy consumption. They also increased productivity, improved the general atmosphere and enhanced competitiveness. An EU Neighbourhood Info Centre journalist looks at how the Moldovan Sustainable Energy Financing Facility (MoSEFF) - launched by the European Bank for Reconstruction and Development (EBRD) and financially supported by the European Union through its INOGATE programme – is changing the life of Moldovan companies and their workers. Text by Dmitri Kalak Pictures by AFP ©EU/Neighbourhood Info Centre

This publication does not represent the official view of the EC or the EU institutions. The EC accepts no responsibility or liability whatsoever with regard to its content.

CHISINAU – Finding investment and resources to pay for upgrading facilities and acquiring new equipment hardly constitutes a priority for many companies in times of financial crisis. Any outlay deemed as non-essential is usually put on hold, to be seen to when things ‘pick up again’. “We were aware of the need to cut down on energy costs and to modernize our enterEmployees of the Ionel prise. But how could we risk doing this while suffering losses every year because of the N garment factory at work in Chisinau. economic crisis?” asks Tamara Lukina, the director of Ionel, the largest Moldovan clothes producing company. Thankfully for Lukina, the Moldovan Sustainable Energy Financing EU Neighbourhood Info Centre Facility (MoSEFF) had the answer. “MoSEFF experts made all the nec- Feature no. 93 essary calculations and convinced us that even in times of crisis, it is possible to find resources. And what is more important, that it would be profitable,” she says. Ionel was established in 1945 and is one of the country’s most popular brands, working both within the domestic market and supplying many well-known manufacturers in Europe.

This is a series of features on projects funded by the EU Regional Programme, prepared by journalists and photographers on the ground or the EU Neighbourhood Info Centre. © 2013 EU Neighbourhood Info Centre


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Cutting down on energy costs? Yes you can by Action Global Communications Ltd - Issuu