The Bulgarian subsidiary of the Norwegian company Cobuilder has been awarded a grant through the Business Development, Innovation and SMEs programme under the Norway Grants 2014 -2021. The programme encourages companies to develop and commercialise innovative technologies, processes and solutions and to implement sustainable production processes.
The project ECObim
The key objective of Cobuilder’s project ECObim is to facilitate the construction industry actors in creating a better and greener built environment. A new digital tool will allow real estate developers and contractors to ensure that construction projects are completed according to their environmental objectives by enabling better control over the materials and systems installed on the construction site. The ECObim project also aims at promoting transparency and reducing greenwashing practices in the construction sector.
For this project, Cobuilder teams up with NCC, one of the leading construction and property development companies in the Nordic region. NCC will trial Cobuilder’s solution to implement environmental requirements during specification, cost estimation and purchasing both internally and in the digital information exchange with other actors involved in their construction projects.
Cobuilder was established in Norway in 1997 and in the last few years has been expanding rapidly on the European market. In 2013, the company established its first subsidiary outside of Norway – Cobuilder International, which is based in Sofia. Currently, the Bulgarian branch has more than 100 employees, among these over 50 ICT specialists and many construction industry experts, such as architects, civil, electrical and HVAC engineers, etc.
The future of construction is digital
“The construction sector is traditionally one of the most conservative industries and has been very slow to adopt digital technology. Yet, it is one of the sectors where better information management can bring about huge benefits.” – explains Bistra Papazova, CEO of Cobuilder International.
A typical construction project accumulates a huge amount of information, both to ensure regulatory compliance, but also to trace and coordinate the efforts of all the different actors involved in the project – developers, architects, engineers, contractors, suppliers, operation and maintenance teams, etc. Furthermore, all this information needs to be properly stored and available for a very long period of time – during the entire life cycle of the built asset. Therefore, good information management is paramount to ensure that project goals are met within the specified budget and timeframe, and that the asset is efficiently managed throughout its long years of operation.