Geuther Vietnam
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
Investment field
Enterprises
Activity
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
View more of our investments in this region
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Equity
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SUSI Asia Energy Transition Fund
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Omnivore Agritech & Climate Sustainability Fund III
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European Financing Partners S.A.
20,000,000.00
Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia
21/12/2022
Debt
