Project Outline
ELTRAK S.A. identified the need to expand its infrastructure to support operational growth and address escalating costs associated with the rental facilities used by its subsidiary, Elastrak. To effectively realize this strategic initiative, the company sought financial support from the Recovery Fund. Given the complexity of Recovery and Resilience Facility (RRF) criteria—including stringent environmental, sustainability, and digital transformation guidelines—ELTRAK required specialized assistance in navigating the loan application and ensuring complete compliance.
Our Approach
Our team applied a comprehensive methodology, specifically tailored to maximize the value and alignment of the project:
- Strategic Investment Evaluation: Assessed economic viability, long-term sustainability, and alignment with ELTRAK’s broader strategic goals.
- Funding Eligibility Analysis: Conducted detailed assessments to ensure the project met all RRF requirements, focusing particularly on green and digital intervention criteria.
- Environmental and Regulatory Compliance: Created detailed documentation in strict accordance with the EU’s "Do No Significant Harm" (DNSH) principle.
- Comprehensive Documentation Preparation: Provided thorough guidance in compiling detailed, precise documentation essential for successful funding application.
- Project Oversight: Implemented structured project monitoring and financial management processes, ensuring transparent, efficient, and compliant project delivery.
Our specialized support enabled ELTRAK to confidently secure essential funding, successfully manage regulatory requirements, and strategically align their infrastructure expansion with long-term business objectives.
Results
- Cost Efficiency: Achieved significant annual savings by eliminating rental expenses for subsidiary Elastrak.
- Operational Synergies: Streamlined logistics and management processes, significantly reducing operational costs and improving efficiency.
- Sustainability Advancements: Enhanced environmental performance through the integration of renewable energy systems, substantially reducing ongoing energy expenditures.