Valorem

During the implementation of the project, the plan includes the procurement of equipment for the production of stretch film and the creation of new job positions, which would fulfill both the general and specific objectives of the project.

The general objective of the project is:

The general objective of the project is to strengthen the competitiveness of the Varaždin County through increasing the capacity and technological excellence of Bomark Pak d.o.o., as well as creating new jobs and developing new competencies.

The specific objective of the project is:

The specific objective of the project is to increase the volume of production and the quality of the final product by equipping and introducing new technologies in the existing stretch film production hall, as well as by hiring additional employees and improving the competencies of the workforce.

The expected results of the project are:

• Installation of 4 new stretch film production lines
• Increase in production capacity by 30,000 tons of stretch film annually
• Employment of 31 new employees
• Enhancement of competencies for 16 employees
• Reduction of waste/technological film in the production process

Basic information about the “VALOREM” project:

• The total project value is estimated at 92,161,685.05 HRK
• The total eligible expenditures are estimated at 73,729,348.04 HRK
• The maximum EU co-financing amount is 26,010,686.42 HRK

Project implementation period from 20.09.2017. to 20.09.2019.