Geuther Vietnam

Subsidy : October 2021

BIO has granted USD 28,200 of Technical Assistance to Geuther Vietnam Co., Ltd., a Vietnamese company specialised in the production of wooden safety gates and other solid wood baby furniture.

Amount

€ 24,309.00

Type of investment

Subsidy

Development impacts

  • Private sector consolidation/innovation

Beneficiary locations

Asia: Vietnam

Investment field

Enterprises

Activity

C31.09 Manufacture of other furniture

Organisation

Geuther Vietnam

Domicile

Vietnam

More investments in

Geuther Vietnam

  • Debt € 2,581,446.60 (2020)
  • Subsidy € 31,044.00 (2020-2021)
  • Subsidy € 5,929.00 (2020-2021)

Geuther Vietnam Co, Ltd is part of the Groupe BMB, a Belgian family group aiming at becoming an international group specialized in the wooden baby furniture industry. Since 2016, the Group operated a production plant of 3,000 m² nearby Ho Chi Minh city in a rented space.

Technical assistance

The technical assistance aims to improve the quality of the products and to make the manufacturing processes more reliable and efficient by using Lean 6 Sigma Methodology.

By working to reduce variation and opportunities for error, Lean Six Sigma method ultimately reduces process cost and increases customer satisfaction: Understand the customer's specifications for a product; the customer's desire for reliability; and all manufacturing processes; reducing variation in the processes.

Development impact

  • Greater predictability in the process
  • Environmental benefits: Less waste and corrections, lowering costs
  • Better product performance - longer life
  • Happier customers

Development impacts

  • Private sector consolidation/innovation

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