Circular Economy and Its Place in a Modern Manufacturing Enterprise

Abstract

The circular economy is a key tool for addressing problems associated with excessive consumption of natural resources and environmental pollution. In the context of a manufacturing enterprise, implementing circularity principles represents not only ecological responsibility but also an opportunity to enhance the enterprise's efficiency and competitiveness. Research article aims to examine how a specific enterprise uses these principles in practice and what impact they have on its production processes and costs. It presents an opportunity to explore how an enterprise reduces waste, recycles materials, and optimises production, thereby contributing to environmental protection and enhancing its competitiveness. In addition, the circular economy enables enterprises to plan more effectively and manage their resources, thereby reducing the need for new raw materials and energy inputs, which has a direct impact on costs and profitability. The implementation of these principles can also positively impact the enterprise's image on the market, as an increasing number of consumers and partners prefer companies that prioritise sustainability and responsible environmental behaviour.