THE CHALLENGE
After completing the EU project preparation process with our expert assistance, a well-known Croatian company specializing in the development and production of signaling and safety systems for railway infrastructure and rolling stock entered the project implementation phase and required further expert assistance from a consultant. The project envisaged a revenue growth of 21% in two years after implementation.
THE SOLUTION
During the project implementation, generic AP STM technology was developed, the application of which enables increased interoperability of railway systems, safety levels, and wider use of signalling and safety devices in railway transport. This is a global innovation that is currently in the commercialisation phase. Apsolon provided expert assistance in the preparation of the Post-Implementation Report, all in order to ensure the successful continuation of all activities necessary for the successful conclusion of the project.
THE RESULT
The 1st annual report after the project implementation has been approved, and the 2nd annual report after the implementation is in progress, which is being prepared for the company by Apsolon.
During the project implementation, AP STM technology was developed as a result of the research and development process. After the formal completion of the project, the company continued with the planned activities, and professional support was included in the preparation of annual reports and monitoring of obligations related to the sustainability period.
The project results continue to be used and developed towards commercialization. Activities are carried out in accordance with defined goals and contractual obligations, and reporting is carried out within the prescribed deadlines. No financial corrections have been imposed, and obligations from the sustainability period are in the process of being fulfilled.
