Project Montelektro 4.0. – digital transformation of the company’s business was successfully completed with the help of EU funds
The Montelektro company announces the end of its ambitious project, “Montelektro 4.0 – the digital transformation of the company’s business”.
The project, which lasted 27 months, from June 1, 2021, until September 1, 2023, brought positive changes to strengthen the company.
Montelektro fulfilled its digital transformation goals thanks to the European Fund for Regional Development funds through the Operational Program Competitiveness and Cohesion 2014-2020 and Recovery Assistance for Cohesion and the Territories of Europe – REACT EU Instrument.
As one of the leaders in the electrical engineering industry, Montelektro has recognized the need to adjust its business to the new technological trends and digitally transform its business model to system integrator 4.0.
Digitalization has become imperative for the competition in the global market, and Montelektro has bravely made a step forward in this process to position itself among the industry leaders.
The main goals of the”Montelektro 4.0″ project were strengthening the company’s competitiveness by improving productional, infrastructural, and technological capacities.
The project has included: the reconstruction of the production business facility in Kastav and adopting advanced technologies and IT infrastructure for digitalization of the production phase of commissioning; purchasing the new technologies for digitalization and automation of the production; innovating the production process and implementing a digital transformation unit.
Besides that, the company held an intensive education program for its employees to gain the new skills and knowledge required for working in a digital environment.
Montelektro has recognized the importance of human resources in the digital transformation process and put considerable effort into establishing a team of experts who have led and supported this change.
With the successful implementation of the project and the adoption of new technological solutions related to green and digital goals, Montelektro has accomplished significant results:
- The new IT infrastructure for production virtualization and the server “super-computer” have been implemented.
- The new business-production facility in the Kastav location has been reconstructed.
- New technologies and technological solutions for electrical cabinet design have been purchased.
- The company’s business organization has been optimized.
The project’s successful implementation within the next two years will enable the achievement of the following results:
- Increasing export income by>25 %
- Increasing sales income by>25 %
- Preserving 161 existing and opening the 12 new job positions
Montelektro is ready to take a step further in the next business era, empowered by technology, new space capacities, and innovations.
Contracting Authority: Montelektro d.o.o
The total value of the project: 22.179.534,70 HRK / 2.940.730,13 €
The amount co-financed by the EU: 5.970.287,71 HRK / 782.878.79 €
The period of implementation: June 1, 2021 – September 1, 2023
Contact person: Damir Galović, damir.galovic@montelektro.hr
Montelektro 4.0- digital transformation of the company’s business
The company Montelektro d.o.o. started the implementation of the “Montelektro 4.0 – digital transformation of the company’s business” in June 2021.
The project is co-financed by the European Regional Development Fund within the Operational Programme Competitiveness and Cohesion 2014-2020, and Recovery Assistance for Cohesion and the Territories of Europe Instrumente REACT-EU, following the Invitation for delivery project proposals for grants allocation “Strengthening the Competitiveness Companies by Investing in the Digital and Green Transition.
Contracting Authority: Montelektro d.o.o
The total value of the project: 22.179.534,70 HRK
The amount co-financed by the EU: 5.970.287,71 HRK
The period of implementation: June 1, 2021 – June 1, 2023
Contact person: Damir Galović, damir.galovic@montelektro.hr
Short description of the project:
The project addresses the lack of the company’s engineering, spatial, and technological capacities which could meet the increasing demands of the industrial automation market and digital transformation of the business model to system integrator 4.0.
The project’s specific goal is to strengthen the company’s competitiveness by:
a) reconstructing the building for production and business processes
b) launching advanced technologies and IT infrastructure for digitalization of the production phase of commissioning
c) procurement of the new technologies for digitalization and automation of production of hardware
d) innovating the process of production and launching units for digital transformation
The target groups are the company’s management and employees.
The goals and expected outcomes:
The expected result of the project is increased competitivity by strengthening productional, infrastructural, and technological capacities, increased effectivity of the commissioning process enabled by virtualization, and electrical cabinet production enabled by digitalization; accomplished conditions for digital transformation into system integrator.
Successful implementation of the project will ensure the accomplishment of the following results:
- Four newly launched technological solutions
- Increased export incomes > 25 %
- Increased sales revenue > 25 %
- Preserving 161 of the existing and opening 12 new job positions
The project is co-financed by the European Union within the European Regional Development Fund – Recovery Assistance for Cohesion and the Territories of Europe Instrumente REACT-EU.
More information are available at:
http://strukturnifondovi.hr/
https://strukturnifondovi.hr/eu-fondovi/esi-fondovi-2014-2020/op-konkurentnost-i-kohezija/
The website content is the sole responsibility of the Montelektro d.o.o.