Sofia Latest News (Sofia, Bulgaria)

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The results were achieved within the very first year of using ONDO Precision Farming

The greenhouse complex registered up to 30% reduction in major resources used.

The customer reported 30% water saved, 30% less energy consumed, 20% reduction in fertilizers used and 20% increase in crop yield thanks to using ONDO precision agriculture solution.

This recognition comes only 7 months after the launch of the company and 4 months after the company behind ONDO - IndigoVerge - received an investment from Eleven Ventures aimed at supporting ONDO development.

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The decision has come following the considerable interest towards ONDO agriculture automation solutions from local companies and the vast potential of the regional market.

With ONDO farmers can save up to 85% in costs for water consumption, up to 50% in energy costs – electricity, fuels, etc. ONDO's usage can result in up to 40% higher yield and up to 60% reduced losses resulting from human error.

The visit was paid following an invitation sent by the management team of the company, which in December 2019 was recognized with the "Innovative Enterprise of Year 2019" President's award.

This recognition comes thanks to the steady position of the company as a leading manufacturer of advanced, digitally controlled power electronics and induction heating solutions.

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According to a recently published report about the Asian and Pacific caprolactam market, it was equal to 281 thousand tons in 2013.

According to a recently published report about the North East Asian caprolactam market, it was equal to 2.793 million tons in 2013.

According to a recently published report about the North American caprolactam market, it was equal to 526 thousand tons in 2013.

According to a recently published report about the North East Asian butyl acetate market, it was equal to 606 thousand tons in 2013.

According to a recently published report about the European butyl acetate market, it was equal to 230 thousand tons in 2013.

According to a recently published report about the North American butyl acetate market, it was equal to 171 thousand tons in 2013.

According to a recently published report about the Asian and Pacific bisphenol A market, it was equal to 555 thousand tons in 2013.

According to a recently published report about the European bisphenol A market, it was equal to 1.224 million tons in 2013. The largest country market within the region was Germany, which in 2013 accounted for a share of 32% of the total in volume terms.

According to a recently published report about the North East Asian bisphenol A market, it was equal to 2.650 million tons in 2013.

According to a recently published report about the North American bisphenol A market, it was equal to 912 thousand tons in 2013.

According to a recently published report about the Asian and Pacific benzene market, it was equal to 3.086 million tons in 2013.

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According to a recently published report about the European benzene market, it was equal to 8.065 million tons in 2013. The largest country market within the region was Germany, which in 2013 accounted for a share of 24% of the total in volume terms.

According to a recently published report about the North American benzene market, it was equal to 8.297 million tons in 2013.

Acording to a recently published report about the North East Asian aniline market, it was equal to 1.968 million tons in 2013.

According to a recently published report about the North East Asian acrylates market, it was equal to 2.047 million tons in 2013.

According to a recently published report about the North East Asian acetone market, it was equal to 2.610 million tons in 2013.

According to a recently published report about the North American acetone market, it was equal to 1.417 million tons in 2013.