Case study - Energy efficiency - Biovet JSC

Biovet JSC is a leading Bulgarian manufacturer and marketer of medicated and nutritional food additives, enzymes, and pharmaceuticals, located in Peshtera. For its energy efficiency project aimed at improving production processes the company used a BEERECL loan. The energy efficiency measures included installation of variable speed drive on fans, pumps and motors.

Investment Details:

  • Total Project Cost : 559,743 EUR
  • KIDSF Grant : 74,549 EUR
  • Loan : 496,996 EUR
  • Simple Payback Period : 1.5 years
  • Internal Rate of Return : 94,1%

Estimated Annual Figures

  • Energy Cost Saving : 350,000 EUR
  • Reduced Energy Costs by % : 12.6%

Project results

  • Reduced electricity costs
  • Improved quality and production process
  • Reduced carbon emission level
Files Size
Biovet_EE_Eng.pdf Biovet_EE_Eng.pdf 421 kB
Biovet_EE_Bg.pdf Biovet_EE_Bg.pdf 366 kB