Project for the Expansion of Production Capacities

Investment in the Expansion of Production Capacities in the Field of Insulator Technology

Iskra PIO d.o.o. has successfully obtained co-financing for a project to expand the production of insulator technology under the Public Call for the Promotion of Large Investments to Increase Productivity and Competitiveness (JR INVEST September 2024 – RRF).

The financial resources for the implementation of the public call are provided by the European Union through the Recovery and Resilience Facility, in cooperation with the Ministry of the Economy, Tourism and Sport (as the lead authority) and the Public Agency of the Republic of Slovenia for the Promotion of Investment, Entrepreneurship and Internationalization.

Within the framework of the Recovery and Resilience Facility, Iskra PIO will carry out an investment to expand production capacities in the field of insulator technology with a total value of EUR 1,600,100. The amount of funding from the facility is EUR 535,240. The purpose of the investment project is to expand environmentally friendly production capacities through the purchase of state-of-the-art, technologically advanced production equipment, as well as equipment to ensure energy efficiency in production and to promote e-mobility. Through this investment, the company will increase its productivity and competitiveness on the market, while maintaining and creating new jobs.

The Recovery and Resilience Plan (RRP)