Purchase of biscuit production equipment

Kostovi Group Ltd. fully develops its activities in the area of processing industry and the production of fresh pastry products. The company is specialised in the production of a wide range of pastry and confectionery products - bread, cakes, pastries, pastry and biscuits, but still has restrictions on its development in a highly dynamic economy and competitive environment. The implementation of the envisaged project activities and the introduction of the machines purchased under the project aims at increasing the capacity for the production of confectionery products and the increasing the productivity. With this project, the company will modernize and optimize its manufacturing activity by introducing new, modern high-tech and energy-efficient biscuit machines. Implementation in the production of advanced equipment will lead to a decrease in the cost of final production, improvement of production processes and shortening of the time for production of confectionery products, improvement of resource efficiency and efficiency in the production process. In 2019, the company is investing in the purchase of a pastry and biscuit building, which has several premises for production activities. The implementation of the project will provide technological conditions for increasing the productivity, competitiveness of the company and will expand the range of pasta, which will lead to sustainable competitiveness of the company and expansion of the enterprise. The main activity of the project proposal is related to the implementation of biscuit production equipment. The purpose of the company is to put into operation a new production line with which to expand its portfolio and product range of confectionery.

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Overview

Status Contracted
Start date 12 Apr, 2021
End date 12 Apr, 2023
Contract date 12 Apr, 2021
View in UMIS

Financial information

Total cost 186,650.00
Grant 139,987.50
Self finance 46,662.50
Total paid 0.00
EU participation percent 90.0%

Location