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Expanding Ice Production with Higher-Capacity Equipment

About the company
VV ICE is a food ice production business established in 2005. The company works with leading Italian ice-making equipment manufacturers and has developed its production around high-quality ice solutions, supplying numerous businesses operating in Armenia.

Company Name

VV ICE

Industry

Food ice production

Year Established


2005

Program

GAF / KfW Renewable Energy & Energy Efficiency Program

The challange

As demand for VV ICE’s products grew, the company needed to expand production capacity and increase productivity. To support this growth, the business required higher-capacity sustaintable ice-making equipment.

Through IDLeasing and within the framework of the GAF / KfW Renewable Energy & Energy Efficiency Program, the client obtained financing for the acquisition of an electric Hoshizaki IM-240DWPE-32 ice maker with B-340SB storage bin.



Program product:
Energy-Efficient Investments

Results

The acquisition of the Hoshizaki equipment through leasing supported VV.ICE COMPANY’s production expansion and increased production capacity, making it possible to sustainably grow their business.

✔ Expanded production capacity
✔ Higher production productivity
✔ Additional ice storage capacity

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About the Program

    The beneficiaries are women entrepreneurs who received financing under the Women’s Entrepreneurship Program, supporting their investment in energy-efficient and sustainable business solutions. 

    The Program supports Armenian businesses investing in renewable energy and energy-efficient technologies, helping reduce energy consumption, improve productivity and promote sustainable economic development.

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Attention
The Company does not bear any responsibility for the inaccuracy of information on the linked websites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian and English languages, the Armenian version is prevailing. The site was updated 07.08.2026 09։42