Erlo Group is a company with more than 60 years of history dedicated to the manufacturing of capital goods. With a current staff of 50 professionals divided between the three companies that make up the group, it has two business lines where they offer standard and turnkey solutions, incorporating proprietary drilling, tapping, milling and deformation technologies along with the integration of automatic feeding, unloading, measuring and marking systems.
In the last edition of program Hazinnova promoted by the SPRI Groupat Erlo Group have been carried out two projects, both aimed at the economic-financial field. In one of them the review and improvement of the company’s cost calculation system“which has led to a reflection and reorganization of the differentiated cost allocation criteria for the two business units,” explains Iraide Iriarte, Financial Controller of Erlo Group.
In the second project, we have proceeded to review and improve the treasury planning and monitoring tool. In this way, it has been possible to simplify the updating of daily data, facilitating the identification and management of the main treasury alerts. “This supposes a great help when making decisions”adds Iriarte.
Furthermore, through these Hazinnova initiatives, the Azkoitiarra company seeks grow in new markets. “The program has helped us identify our potential clients in new international markets, creating new contacts, in addition to consolidating those we already have,” highlights the Financial Controller.
Specifically, the group has a targeting strategy in the following sectors at a global level: automotive, white goods and renewable energies. Erlo Group has also participated in other SPRI Group programs such as Digital Industry, Basque Industry 4.0 either Zabalduthe latter on two occasions.
According to Iraide Iriarte, the company has a clear direction and its big bet is internationalization. “The objective is to consolidate the presence at a global level, strengthen our diversification and grow. We do not impose any limits on ourselves, the company has a very important potential path in all these aspects.”
In order to promote innovation among Basque companies, from SMEs to large companies, the SPRI Group has various innovation programs and aid such as Hazinnova, BDHI Konexio or Innobideak.
