Investment & Fund Management

Bauer, a Voitsberg-based company in Austria, faced significant challenges related to energy efficiency in its manufacturing operations, particularly in the context of rising climate change concerns. To address these issues, Bauer sought financial support to renovate its production sites, which included improving the rooftops and walls of its facilities. The company utilized a loan from UniCredit Bank Austria, backed by the European Investment Fund (EIF) and the Investment Plan for Europe, specifically through the InnovFin SMEG and EFSI financing programs.

The tailored solution provided to Bauer involved a comprehensive renovation of its two production sites, which resulted in a remarkable 70% reduction in heating costs. Additionally, Bauer installed one of the largest photovoltaic systems in Austria on its roof, enabling the company to produce 2.6 million kWh of energy annually, thus achieving self-sustainability in energy production. This initiative not only enhanced the company's operational efficiency but also aligned with the EU’s energy and climate goals, showcasing Bauer's commitment to sustainable practices in the manufacturing of irrigation systems and management of agricultural waste.

With a workforce of 240 employees, Bauer has expanded its operations beyond Austria, establishing a presence in Germany, China, Slovakia, and recently opening a new production site in Brazil, further demonstrating the positive impact of the financial support received on its growth and sustainability initiatives.