Steps implemented to date
Between 2013 and 2016 the company primarily consolidated previously implemented projects. For the solar power plant, the main emphasis has been put on the introduction of preventive
measures and inspections in order to eliminate future production outages (for example all panels and converters were tested using thermal imaging cameras), and also on efficient servicing and management.
Biogas station projects have been supplemented with new technology and biomass supply plans have been updated by adding alternative suppliers of biomass with the intention of
increasing the efficiency of these sources.
The pellet manufacturing process has focused mostly on the stabilisation of the customer base and even though the previous period in the field went through a crisis, the company
was able to put together a portfolio of stable customers necessary for the entire production programme. At the same time, the VOSTOK pellet brand has been firmly established as a permanent and
sought after product on target markets.
The acquired farms have been complemented with new high-quality management. This management has applied precise agricultural principles and active and thorough procedures
which are much more efficient than other management processes used in this field.
Under its strategy, I.C.W. focuses on long-term investments in projects. Therefore, I.C.W. shall continue in the efficient management of its own and other operated
investments and shall continue to focus on further development. The next step is to develop the farms so as to reach a production capacity exceeding the supply requirements of biogas
stations. The farms shall efficiently perform primary agricultural production while using modern procedures and technology. To this end, an acquisition plan for another farm operating on an area
exceeding 1,200 ha is being prepared.
At the same time, production shall be expanded in 2017 with the acquisition of a further production plant with a turnover of approximately € 1 million, in which I.C.W. is