Tackling the consequences of the Covid-19 crisis
Thursday January 21st, 2021
To ensure the innovation and best quality of our solutions, we constantly have to invest in R&D development and the growth of production capacity. Unfortunately, due to the Covid-19 impact on sales, we faced challenges to keep the R&D activities and production departments running.
Thankfully, later in the summer and fall, we were granted funding (in total € 450,000) from the EIT Manufacturing as part of the European Institute of Innovation and Technology (EIT). This body of the European Union receives support from the European Union’s Horizon 2020 research and innovation programme.
Together with EIT support, we are to restore and increase our product development department and go to market activities. Our primary focus - recruitment of new employees to the R&D, sales, and marketing departments. We are sure that with a strengthened and competent team we will be able to launch many innovative LED products and conquer new markets.
We have already made significant progress, hiring 11 professional sales guys and 2 engineers for the new product design. We also launched 6 new products which already are benefiting the existing and new customers of our company. And many innovative solutions are on the way. In addition to this, we are working on a new e-commerce platform to increase market share.
Our goal for the future - to become one of the main players of energy-saving lighting solutions in Europe. Having R&D and production in Europe, we are targeting to ensure a faster delivery chain for European customers, better quality innovative products, and the highest energy savings.