Minister Počivalšek visited ETI

Today, company ETI Elektroelement hosted the Minister of Economic Development and Technology Zdravko Počivalšek. The Minister visited the new, fully automated production line of ETI's EFI-P RCCBs, got acquainted with our last year's excellent business results and presented new government initiatives to subsidize companies' investments in technology and digitalization.

"ETI performed very well last year, especially given the situation in the world. We generated 5% revenue growth and increased market shares in all major markets," said our CEO Mag. Tomaž Berginc. This was due, inter alia, to the fact that the ETI maintained production at a high level throughout the corona crisis, while, of course, consistently implementing all preventive measures to curb the spread of infections. Minister Počivalšek expressed pride in Slovenian companies, such as ETI, which were able to quickly adapt to the new situation and look for new opportunities in it.

ETI is currently in a period of record investment, with as much as € 36 million invested in technology over the last three years. Minister Počivalšek also took a look at and was impressed with our largest investment, the new automated production line of EFI-P RCCBs. Of course, this production line is not the only novelty. ETI is also planning to invest in another automatic production line this year, this time for ETIMAT MCBs.

At the end of the meeting, the Minister and his delegation briefly presented the new opportunities for obtaining subsidies for the digitalisation of production and other technological investments, for which they assessed that the ETI was more than a suitable candidate.