GIVE SMEs working together

Submitted by Anna Naydenova on 06 November 2019

In the framework of GIVE project, series of B2B events were organized. More than 250 SMEs from Albania, North Macedonia, Romania, Serbia, Bulgaria and Latvia took part and benefited as they met new partners and investigated new regional business opportunities. One of the success stories is coming from Serbian company Trayal Corporation that is working for the automotive industry. During the first B2B event, held in North Macedonia last December 2018,  Trayal Corporation representatives met Latvian company INPASS SIA working in the field of Smart Manufacturing. Both companies discovered opportunity to work together and INPASS SIA receivers to be installed into production machines of Trayal Corporation. In 19 June 2019 a sample of the receiver was installed in the factory and the company found the following benefits of using the new technology monitoring the operation of the machine and recording of possible downtime in the machine. Currently, negotiations are underway in the form of installing more devices in Trayal Corporation's production machines. 

GIVE ESCP -4i would like to thank to both companies that share the information and would be proud to promote more success stories as a result of the partners' efforts to boost SMEs internationalization across boudaries and industries. 

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