International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

The high level of investment for the international energy, transport and infrastructure projects, in almost all cases need of a multi-source approach of financing is necessary, having the European funds as a main component. Each such project must be undoubtable innovative and in accordance with the safety and environmental European requirements. The Legal Entity (LE) is a key factor, acting for coordination of the management and for legal responsibility during the all phases of the project. Choose of the most appropriate type of LE for realisation of such project has very high priority in the whole investment process. In favour of this the report presents the main types of European Legal Entities with their advantages, disadvantages, tax issues, intellectual property rights (IPR), etc.

The report examines the 5-way method as a process with clearly defined intellectual relations – idea, point object, sketch, digital image and implementation. In the first experiment the idea is to create a design product based on photography. In the second experiment the idea is suggesting certain feelings and thoughts through artwork. This initial stage is the accomplished design product transformed into an artwork by traditional painting techniques, collage and assemblage.