HYAB Engineering Ltd
CRM
Information
Company Description
HYAB Engineering Ltd is establishing Zambia’s first solar-powered hydraulic cylinder chroming and cladding plant, creating a circular economy solution for the mining sector. The project captures a multi-million-euro service market currently outsourced to South Africa, reducing costs, downtime, and emissions through local, solar-powered refurbishment services.
Team
HYAB Engineering Ltd is led by Mr. Lombe Mutono, supported by a skilled technical team specializing in mechanical repair, refurbishment, and solar-integrated industrial systems. The company’s engineers and project managers bring strong expertise in hydraulics, equipment repair, and sustainable manufacturing solutions designed for the Zambian mining industry.
Countries of Operation
Zambia
Ownership of Company
Local Company (100% Zambian-owned)
Number of years since incorporated
7 Years
Stage
Growth stage
Annual Revenue (in EUR)
EUR 1,000,000 - 5,000,000
Number of employees
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Project Pitch
HYAB Engineering Ltd is launching Zambia’s first solar-powered hydraulic cylinder chroming and cladding plant, a circular economy initiative that localizes critical services currently outsourced abroad.
The project replaces the traditional “replace” model with a “refurbish and reuse” system — reducing turnaround time from over 30 days to under 10, cutting emissions, and saving clients 10–20x in downtime and logistics costs (over €5,000/hour saved).
Implementation spans 24 months across three phases:
- Installation of chroming and cladding technology.
- Construction of a 250kW off-grid solar PV system.
- Systems integration, staff training, and commercial rollout.
With proven demand and a strong value proposition, the plant will serve as a Center of Excellence for sustainable industrial services, offering cost-effective, zero-emission repair solutions for the mining and heavy equipment sectors.
Total Project Cost (in EUR)
EUR 650,000
Financing needs (in EUR)
EUR 500,000
Type of financing needed
Debt; Equity; Grant
Planned allocation of fundraising capital
Expansion (expanding an existing activity)