Increasing market competitiveness and improving business conditions

M.V.M. Zvon Ltd is a company that was founded in 1996, but was in a state of rest until 2003. From 2003 to 2014, it was engaged in trade and IT services. In 2014, the owner made the decision to change the area of operational activity and focus on engineering activities. Company business focuses on making of technical solutions, technical advisory, electrical installation measurement, project management, engineering supervision and design.

The company was imagined as a project which will transform the long-standing experience and interest of the founder in the field of authorized electrical engineer, authorized construction manager and authorized electrical inspection engineer into a successful Croatian business venture. Given the mentioned specializations, the business idea is to provide technical advice for domestic and foreign companies in the rail infrastructure segment on projects funded from EU funds in the Republic of Croatia and the enviroment. Therefore, this project would potentially provide contribution to the modernization and safety of passanger and goods transport in rail transport, which affects social movements and contributes to the development of the society and the economy of EU and neighboring countries.

The goal of this project is to provide funds to ensure opening of at least one working place in the following two years, securing sales growth in the next two years by more than 40%.

This project supplies the necessary IT equipment and software, measuring instrument and website design with the purpose of business improvement and planned further expansion into new markets to ensure the achievment of the goals and purposes of this project.

The total value of the project is 109.978,75 HRK, and the amount co-financed by the EU is 61.423,92 HRK.

The project implementation period is from May 27, 2017 to May 27,2018.

The project was co-financed by the European Union from the European Regional Development Fund.

For more information on projects co-financed by the EU, please contact Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO), Ksaver 208, 10000 Zagreb, Croatia, e-mail:, and .