In this taromat model,it will be possible to pour large volumes of PET,cans and also glass packaging,and the deposit fee can be received in any Baltic Bank account using the “dPays” solution developed by “Swedbank”.
It is planned that approximately 1,000 deposit units will be transferred to this ATM within an average of ten minutes, according to company representatives.
DIO board chairman Miks Stūrītis, Deputy General Director of the State Environmental Service for strategic development and control issues Laura Anteina and ”Swedbank Latvija” Head of Corporate Administration Jevgenijs Ivanovs will take part in the opening event.
The opening of this vending machine will take place on December 11 at 1:00 p.m. at the “Sky” supermarket on Hipoprāta street 28, Riga.
It has already been reported that “Swedbank” in cooperation wiht DIO and the digital agency “TRY Dig latvia” created a new deposit package refund service “dPays” in the summer of this year, where customers can receive a refund for the deposit package in their bank account.
It has also been reported that the deposit system for beverage packaging started operating in Latvia on February 1, 2022. In a tender,the State Environmental Service decided to entrust the deposit system for beverage packaging to DIO for seven years.
In 2023, DIO worked with a turnover of 24.862 million euros and a profit of 1.683 million euros.
The company was registered in 2020, and its share capital is 124,500 euros. The owners of the company are SIA “Alus und likuku päkaka savienė” (18.07%), SIA “Coca-Cola HBC Latvia” (18.07%), SIA “Cido grupa” (12.05%), AS “Cēsu alus” (12.05%),JSC “Iterum” (formerly “PET Baltija”) (12.05%), JSC “Aldaris” (12.05%), Association of Latvian Retailers (9.64%) and Latvian Brewers’ Union (6.02%).
What are the environmental benefits of Latvia’s new deposit refund system?
Title: Transforming Recycling: An Exclusive Interview with Miks Stūrītis on Latvia’s New Deposit Refund System
Introduction:
With the introduction of the innovative taromat model for deposit refunds in Latvia, Time.news editor interviews Miks Stūrītis, the Board Chairman of DIO, to delve into this transformative approach to recycling packaging.
Q1: Miks, can you explain the significance of the new taromat model set to launch on December 11?
Miks Stūrītis:
The taromat model is a groundbreaking initiative for waste management in Latvia. It allows consumers to return large volumes of PET bottles, cans, and glass packaging efficiently. By integrating our system with “dPays,” developed by Swedbank, users can receive their deposit fees directly into their Baltic Bank accounts. This streamlines the refund process and encourages more people to participate in recycling.
Q2: What has been the expected impact of this new system on recycling rates?
Miks Stūrītis:
We anticipate that the introduction of approximately 1,000 deposit units and our rapid 10-minute processing time per unit will significantly increase participation in the deposit return system. As its launch in February 2022, we’ve seen a growing awareness of the importance of recycling. Easy access to cash refunds is a crucial motivation for citizens, which we believe will lead to higher recycling rates.
Q3: Can you tell us a bit more about the collaboration with Swedbank and how it enhances the user experience?
Miks Stūrītis:
Absolutely! Our partnership with Swedbank and the digital agency TRY Dig Latvia has been instrumental in creating the “dPays” service. This service is unique as it allows consumers to avoid the hassle of cash refunds through physical vouchers. Instead, once they deposit their containers, the corresponding refund is processed directly to their bank accounts, simplifying the entire experience.
Q4: latvia’s deposit system has evolved over the past few years. How has DIO contributed to this change since its inception?
Miks Stūrītis:
Since DIO was registered in 2020, we have focused on establishing a robust framework for Latvia’s beverage packaging deposit system. In 2023,we recorded a turnover of €24.862 million and a profit of €1.683 million, which reflects our commitment and efficiency in managing this system. Our goal is to pave the way for more lasting practices in the beverage industry.
Q5: What challenges have you faced in implementing this system, and how have you overcome them?
Miks Stūrītis:
One of the main challenges has been ensuring widespread public awareness and participation. We faced initial skepticism from consumers. By investing in robust outreach campaigns and partnerships with major beverage companies like Coca-Cola HBC Latvia and Cido, we managed to build trust and educate the public on the benefits of our deposit return system.
Q6: What practical advice would you give to consumers who are unsure about using the new taromat machines?
Miks Stūrītis:
I encourage consumers to give it a try! The process is straightforward: just gather your recyclable bottles and cans,visit a nearby taromat,and follow the prompts. With our swift refund system through “dPays,” you’ll find that recycling not only benefits the environment but also puts money back in your pocket effortlessly. Every small effort counts, and together we can make a notable difference.
Conclusion:
The future of recycling in Latvia looks promising with initiatives like the taromat model and the collaborative efforts of DIO and Swedbank. As consumers embrace these changes, the environment will reap the benefits. Stay updated with Time.news for more insights on sustainability innovations.