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Increasing the competitiveness of M.A.S. by implementing environmentally friendly hybrid refrigeration devices

M.A.S. informs that it is implementing project no. NORW.19.01.01-26-0007/20 co-financed by the Norwegian Financial Mechanism, 2014 -2021, entitled “Increasing the competitiveness of MAS through the implementation of environmentally friendly hybrid refrigeration devices”,  under which it uses funding worth PLN 4.1 million received from Norway.

The project includes the implementation by M.A.S. innovative hybrid ice water chillers. The Company, thanks to gained experience in the production of effective refrigeration equipment and research and development works carried out, has developed a concept of a new product that allows the use of waste heat for the production of cold, while providing the customer with a wide range of work variants depending on the atmospheric air temperature, allowing a significant increase of energy efficiency in comparison to competitors’ devices available on the market. During the project, the Company will build an additional production area and equip it with the necessary infrastructure to produce new refrigeration equipment.

The project is implemented in cooperation with Ocean Consulting AS.

Project implementation period: from 01/10/2021 to 31/12/2023.

The total value of the project: PLN 9,333,768.00

The value of eligible expenses: PLN 7,652,800.00

The project co-financing amounts to:  PLN 4,112,640.00, including PLN 616,896.00 from the state budget.

The Norway Grants and the EEA Grants represent Norway’s contribution to creating a green, competitive and inclusive Europe.

Under the Norwegian and EEA funds, Norway contributes to reducing social and economic inequalities and strengthening bilateral relations with beneficiary countries from Central and Southern Europe and the Baltic Sea area. Norway works closely with the EU under the Agreement on the European Economic Area (EEA). Together with other donors, Norway provided €3.3 billion through successive programs of funds between 1994 and 2014.The Norway Grants are funded exclusively by Norway and are available in countries that joined the EU after 2003. The Norway Grants for 2014-2021 amount to €1.25 billion. The priorities for this period are:

#1 innovation, research, education, competitiveness and decent work;

#2 social inclusion, youth employment and poverty reduction;

#3 environment, energy, climate change and low carbon economy;

#4 culture, civil society, good governance and fundamental rights;

#5 justice and home affairs.


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