Case study - Energy efficiency - Eliaz

Eliaz Ltd is a large bakery located in Sofia. The company improved its production process by introducing a new production line utilising modern technology with financing from BEERECL. The ovens were switched from electricity to gas. This resulted in increased efficiency, improved product quality and reduced operating and repair costs.

Investment Details:

  • Total Project Cost : EUR 660,000
  • KIDSF Grant : EUR 45,000
  • Loan : EUR 600,000
  • Simple Payback Period : 4.2 years
  • Internal Rate of Return : 24,28%

Estimated Annual Figures

  • Energy Cost Saving : EUR 63,000
  • Reduced Energy Costs by % : 63,9%
  • An annual reduction in the wage-bill : EUR 21,000
  • Repair and Maintenance cost savings : EUR 22,000
  • Total Cash Savings : EUR 84,000

Project results

  • Increased productivity
  • Improved products quality
  • High operational reliability of production
  • Reduced operating and repair costs
Files Size
Eliaz_EE_Eng.pdf Eliaz_EE_Eng.pdf 448 kB
Eliaz_EE_Bg.pdf Eliaz_EE_Bg.pdf 354 kB