DIVERSIFICATION OF PRODUCTION AT STRIP’S D.O.O. INTO TWO NEW PRODUCT LINES (2022–2024)


INVESTMENT DESCRIPTION:


In 2022, the Strip’s d.o.o. company commenced the investment in production diversification. The investment will help us establish a completely new technological process, which will result in the production of two new product lines:


  • circuits with ultra small and non-standard components (UMNK);
  • circuits with a high level of verification and traceability (VSPS).

 

If the company wishes to grow and develop in line with market requirements and needs, the investment is essential. The investment comprises the purchase and deployment of the necessary technological infrastructure to set up a new technological process, which will result in the diversification of production into two new product lines of products, which the company cannot provide with the existing technology.

 

The subject of the investment is the following high-tech equipment:


  • technology for optical control of SMD connectors;
  • SMD placement technology;
  • technology for electrical verification of components;
  • repair stations;
  • SMD placement line;
  • line laser;
  • X-ray component counter;
  • technology for X-ray verification of components;
  • line for selective soldering with optical control system;
  • soldering robots;
  • continuous convection ovens for soldering;
  • nitrogen generator.

 

PURPOSE OF THE INVESTMENT:


The purpose of the investment named “Diversification of production at Strip’s d.o.o. into two new product lines (2022–2024)” is in line with the purpose of the Public procurement for fostering major investment for greater productivity and competitiveness in the Republic of Slovenia. It is a sustainable investment that represents investing in the state-of-the-art technology that will enable the company to start producing new products that cannot be provided by its existing technology. The investment will contribute significantly to the development and competitiveness of the company, increase production productivity and enhance the growth and competitiveness of the economy. The new technology will comply with the BAT principle.

 

Implementation of the investment will contribute to the coherent regional development. It will also help increasing the added value of the company and the added value per employee. The investment also pursues the objectives of digital transformation. The application is accompanied by the company’s digital transformation strategy.

 

In the long run, the respective investment represents significant development, higher productivity, overall growth and competitiveness of the company. The introduction of new product lines will represent an important step towards innovation and development, thus achieving the main purpose of the investment and the vision of the company’s development.

 

FINANCIAL SUPPORT:


The investment amount is 3,699,009.00 EUR, and the project has been granted co-financing in the amount of 1,272,459.10 EUR within the framework of the Public Call for the promotion of large investments for increased productivity and competitiveness in The Republic of Slovenia.


This support will enable us to better execute our planned activities and accelerate the achievement of our goals.

Unified website of the plan: https://www.gov.si/en/registries/projects/the-recovery-and-resilience-plan/ 

 

OBJECTIVES AND RESULTS:


The objectives of the investment are in line with the Public procurement for fostering major investment for greater productivity and competitiveness in the Republic of Slovenia:


  • Start of production of two new product lines for products that cannot be produced by the company with the existing technological equipment (key investment result).
  • Investment in new high-tech equipment will enable the investor to increase productivity and competitiveness on the global market.
  • The investment will also contribute significantly to the sustainability of the company’s business, decarbonisation and the digitalisation of its operations.
  • The added value of products will increase, which will improve the position of the company in global value chains.
  • The company’s goal is at least to maintain high value-added jobs, while also increasing the added value per employee, through the investment in new high-tech equipment.
  • The objective of the investment is also to strengthen the development of the Zasavje region, to which it will undoubtedly contribute significantly.

 

By realising the investment in the purchase of new high-tech equipment, the company will implement the diversification of production into two new product lines (key investment result):


  • circuits with ultra small and non-standard components (UMNK);
  • circuits with a high level of verification and traceability (VSPS).

 

Investment is co-financed by The Republic of Slovenia and the European Union- NextGenerationEU.