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In Moldova, another 10 companies will receive grants to modernize equipment and improve energy efficiency.

In Moldova, another 10 companies will receive grants to modernize equipment and improve energy efficiency.

This was reported by the Enterprise Development Organization (ODA), noting that the administrators of 10 companies signed contracts with the ODA to receive grants in the amount of up to 2 million lei within the framework of the "Retechnological and Energy Efficiency" program. Thus, 5 companies will receive assistance up to 1.5 million lei to improve energy efficiency, which is 50% of the necessary investments, the money is used to purchase photovoltaic panels for electricity generation. Another 5 SMEs will receive gratuitous financing in the amount of 50% of investments for the technologization and retechnologization of business, but not more than 2 million lei for the automation of the production process; robotization of production and installation of high-performance equipment. Entrepreneur Vitalie Munteanu from Chisinau intends to introduce alternative energy sources in his economic activity. “Our company specializes in wood drying and processing. The drying process consumes a lot of electricity. With the installation of photovoltaic panels and the production of green energy, the price of our products will be greatly reduced. We optimize maintenance costs and reduce the negative impact on the environment,” the businessman said. // 11.01.2023 — InfoMarket.

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