"PROINVEST STROY Ltd - competitive European partner"

Company "PROINVEST STORY" Ltd. takes a leading position in the production and installation of playground equipment. It requires the national market as a reliable partner offering quality products. To be competitive and to maintain its leadership, the leadership of the company "PROINVEST STORY" Ltd. is continually expanding its production assortment of children's and sports facilities. This requires continuous modernization of the production base with new modern energy efficient equipment and expand production to close the cycle. An important part of the development strategy is the continuous improvement of production processes and raising quality standards. The project is aimed at modernizing and expanding the technological machinery to unify the manufactured equipment for playgrounds competitive with European quality by reducing energy costs. Technology park allows produce high-quality parts, which at this stage are assembled primarily by hand. The company engages external service providers, who are assigned to work out details of products for large orders. Any children playground just in itself is high quality and competitive. It is custom made, depending on the specifics of the site. The project investments are directed towards the purchase and implementation of CNC machine for the production of children's and sports facilities. The new machine will produce products that are serial and are available in retail chains. Series production will allow the firm to export its products to the European and world market. One of the main effects of the implementation of the project is the introduction of new products with high added value. This will be possible thanks to productivity gains, cost effectiveness, quality of new products and competitive prices.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 18 Jan, 2018
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 870,700.00
Grant 603,981.90
Self finance 266,718.10
Total paid 603,574.50
EU participation percent 85.0%

Location