Case study - Energy efficiency - Medika JSC

Medica JSC (Medika Sandanski) is among the largest manufacturers of dressing materials in Eastern Europe, and an established Bulgarian manufacturer of medicinal products, with manufacturing facilities located in Sandanski. The measures installed involved the replacement of the old steam boilers with two new gas-fired boilers, as well as replacing the steam pipes. The new efficient equipment that replaced the worn- out boilers reduced the consumption of heavy fuel oil and electricity, and cut operating and maintenance costs.

Investment Details:

  • Total Project Cost: EUR 184,317
  • KIDSF Grant: EUR 15,000
  • Loan: EUR 100,000
  • Simple Payback Period: 1.7 years
  • Internal Rate of Return: 80%

Estimated Annual Savings

  • Energy Cost Saving: EUR 72,000
  • Total Cash Savings: EUR 72,000
  • Reduced Energy Costs by %: 20.7%

Project results

  • Reduced heavy fuel oil and electricity costs
  • Reduced O&M costs
  • Lower CO2 emission level
FilesSize
Medika_EE_Eng.pdfMedika_EE_Eng.pdf467 kB
Medika_EE_Bg.pdfMedika_EE_Bg.pdf359 kB