Project title
“Business development of Merit Media Int. in the global market”
Short description of the project
The company is implementing the project in the growth phase to further strengthen its market position in the global market of electrical transformers. For 2 years, the company participated in the most important international fairs and presented Transformers Magazine to new clients.
Project goals
The objectives of the project of the company Merit Media Int. are the further development of business and the strengthening of the company's competitiveness in the international market through increased presence at prominent specialized fairs and exhibitions around the world. The achieved result is the business development of Merit Media Int. on the global market through participation in important world fairs.
Total project value and EU co-financing of the project (HRK)
The total value of the project is HRK 1,072,330.00. The EU subsidy for the project is HRK 900,757.20 HRK.
Project implementation period
1 March 2020–31 December 2022
Contact us
e-mail: info@merit-media.com, contact person: Mladen Banović
LINKS
PROJECT TITLE
Merit Media – Croatian knowledge for global trends in the transformers industry; Project Code: KK.03.2.1.06
Merit Media Int. is a Croatian company founded in 2013, which has grown, in a short span of time, into one of the leading companies in the global market engaged in publishing and providing technical and industry counselling services for the transformers industry.
The company was envisaged as a project that will turn the long-time experience and interest of the two founders in power transformers into a successful Croatian business enterprise. Merit Media Int. publishes a periodical journal Transformers Magazine, the first and only global magazine specializing exclusively in the field of research and development of the technical science of transformers, which at this point of time has no competition in the world.PROJECT ACTIVITIES REFER TO:
1. Acquisition of new IT equipment of outstanding quality for the production of first-rate graphical content; acquisition of licenses and software for the graphical preparation of the material containing demanding technical content of high quality. The result of these activities will be acquired equipment which will provide conditions for maintaining the entire workforce and opening two new job positions, and contribute to the revenue increase from sales and increase of export due to a better quality of the magazine that will be on offer;
2. Marketing and visibility. As a result of this activity, project outcomes will be presented to the target group and the target group will be informed about the project being co-financed by EU funds;
3. Project management and administration, which will have as a result a successfully implemented project in accordance with the reported plan and the submitted final project implementation report.
PROJECT AIMS AND EXPECTED OUTCOMES
The aim of this project is to ensure resources which will secure opening of two new job positions in the next two years, ensure increase of revenue from sales of more than 41% over the next two years, and ensure increase of export.
TOTAL PROJECT VALUE AND EU CO-FINANCING OF THE PROJECT (HRK)
The total value of the project is 340.382,09 HRK.
The EU subsidy in the project is 250.000.00 HRK.
PROJECT IMPLEMENTATION PERIOD
6.9.2017. – 6.9.2018.
CONTACT FOR MORE INFORMATION
e-mail: info@merit-media.com