Geuther Vietnam

Subsidy : October 2021 - December 2022

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

C31.0 Manufacture of furniture

Organisation

Geuther Vietnam

Website

https://www.geutherkids.com/

Domicile

Vietnam

More investments in

Geuther Vietnam

Subsidy $ 12,280.00 (2024-2025)
Subsidy $ 27,771.00 (2024-2025)
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.