The company INO, d.o.o. Žiri realises that their biggest threat is the competition that does not compete with quality but with price. this is why the company has for almost thirty years now been developing and maintaining competitive advantage mainly with excellent, unique, innovative and, above all, high-quality products and services.
The company was established in 1991 as a company dealing with hardware design and manufacturing. First they started to produce screen printing machines, later, due to the needs of the market, they expanded their activity to the production of glass printing machines and automation of production lines. Today, the company has a plan to maintain or increase market share in existing markets, as well as a comprehensive project of market penetration into foreign markets with screen printing equipment, which is the result of its own development. They have already significantly increased sales in recent years. They sell one third of their products and services in the domestic market, and the remaining two thirds in EU Member States and abroad.
In order to realise their plans, they decided to buy machining machines, namely a CNC milling machine and a lathe. By doing so, they were able to shorten delivery times, increase production volumes and improve the quality of processing of metal products for the needs of their customers. In order to realise the desired investments, they needed additional funds, which they successfully obtained from the Fund of Funds. Regarding the cooperation with banks in obtaining funds the director of the company Blaž Mur said “When the banking advisor presents all the characteristics and advantages of financing from the Fund of Funds at the right time, the decision for a much-needed investment is so much easier.”
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Beneficiary: INO, d. o. o. |
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Programme: Operational Programme for the Implementation of the EU Cohesion Policy in the Period 2014-2020 |
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Fund: European Regional Development Fund |
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Total funding (loan): EUR 426,000.00 |
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EU contribution: EUR 59,660.06 (de minimis) |
Photo: INO, d. o. o.