The eKapija portal has opened the contest for the best investment in 2017 – Aurea 2018, and while waiting for the winners to be pronounced, we visited the companies shortlisted last year to see how far they had gone in their business development.
The Belgrade-based company Hydrogen Technologies has expanded its capacities for the production of engine decarbonizing machines. After it found purchasers in the region and the Europe, they also signed a long-term contract with partners from Hong Kong, where they’ve also founded a joint company. Hydrogen Technologies continues to invest in new innovative technologies as well. After its first center in Belgrade, it continues to open new engine decarbonizing centers throughout Serbia and the region through the franchise concept.
As Branko Hinic, the director of the company which has developed a unique technology for removing soot from engines and exhaust systems in vehicles, explains for our portal, the production went up from five to ten machines a month
to 25 this year, partly as a result of outsourcing component production.
– We have reduced the need for excessive investments in infrastructure and equipment, which is very important in the phase of development in which we still are. At the same time, we have enabled our suppliers to employ their capacities and even expand them, and we have freed our own, so we can invest in further development of new innovative technologies, which will help us stay in the world market and enable us to widen our range of products and even enter new branches of the industry – our interviewee points out.
Let us remind that the engine decarbonizing machine is based on the technology which is based on large amounts of the HHO gaseous mixture act as the main “energy source” for engine cleaning. The mixture is produced through an electrochemical process of water electrolysis. The implementation of the technology considerably reduces the emission of toxic gases, and, following a 45-minute treatment, engines soil all other assemblies far less, extending their life cycle, making for a noticeably smoother performance and increased power, and an enormous percentage of vehicles also spend less fuel.
In addition to Serbia, clients in Great Britain, Germany, Macedonia and, since recently, Scandinavia, have been able to witness the advantages of the Hydrogen Technologies machine. The company even had plans to open an office in one of the EU countries, which has been postponed, primarily due to the penetration of the Asian market.
– With our partners from Hong Kong, who were our guests last summer, we’ve signed long-term agreements on cooperation, the shipping of our technology and the technical support in servicing, maintenance and training – Hinic says and points out that everything has happened unexpectedly and quickly.
– After visiting several producers in the world, they chose our technology, as their plan is to open several hundred Carbon Cleaning centers, primarily in China, but also in Hong Kong and in Macau, for which they need reliable technology and top-quality support. The close cooperation and the seriousness of the intention in realizing these plans has been confirmed by the founding of a joint venture in Hong Kong, where the center for all our operations in the Asian market will be located – our interviewee adds.
Hinic notes that they’ve also managed to establish contacts with companies from India and Bangladesh, whose representatives are supposed to visit the company this March.