Page 19 - EIF_CIP case studies

Srecko set up his business in 1994 with just one employee at the time, supplying roof structures and accessories while also providing design and technical advice to an array of private and corporate clients.

His initial idea was to set up a construction company in an attempt to meet local market demand. Soon after starting his business, he realised that he could build on the core business offering and expand into new product areas.

In 2008, Srecko needed some extra cash to start expanding his company’s product range. While searching for funding, he checked the Official Slovenian Gazette and saw that the Slovene Enterprise Fund was offering favourable bank loans, made available under the CIP programme.

He applied for a loan and received EUR 119,000. This allowed him to buy his new lift and start expanding his business. He has now taken on two new members of staff, bringing his current headcount to 21. In one year alone, the company’s revenue increased by 28%.

This eco-friendly business contributes to a cleaner environment by ensuring the clean disposal of asbestos-cement roofng, asbestos-cement facade panels and water pipes.

Company: Srecko Knuplež s.p., Zgornja Velka

Type of business: Roofng business EU-guaranteed loan from Slovene Enterprise Fund: EUR 119,000

SLOVENIA

With CIP funding, the Sky’s the limit

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