Founded in 2019, Bavax SRL is a Moldovan company that preserving the wines produced by its partner vineyards. Quality assurance is at the top of the company’s agenda.
To maintain its high quality standards whilst also preserving resources and minimize the environmental impact of its operations, the company decided to invest in new cooled deposit tanks for wine. The deposit and new INOX tanks allow the company to maintain optimum condition for wine storage and optimized equipment maintenance.
In contrast to the old installation, the new equipment consumes less energy, has lower greenhouse gas emissions and is free of ozone depleting substances.
Apart from maintaining high product quality and the improved environmental compliance the new equipment also meets the occupational health and safety regulations defined by the EU Directives.
The investment was financed with a EU4Business-EBRD Credit line loan and the company received free-of-charge technical support from the team of international experts to optimize the investment.
After the successful project verification, the company received 15% of the loan value as a grant incentive, funded under the EU4Business initiative of the European Union.
With this project implementation, the company now meets wide variety of European standards:
Loan Amount | € 1,000,000 |
Grant amount | € 150,000 |
Invested in | New INOX wine tanks andcooling equipment for wine |
EU Directives met | Regulations related to workers’ H&S, product quality and environmental protection |
Primary Energy Savings and GHG reduction | 348 MWh/y57 tCO2/yEnergy Savings Ratio: 30% |