Increasing the competitiveness and resource efficiency of Profil-I Ltd. (Limited Liability Company)

Profil-I Ltd. has been established in 2007. It’s main activity is related to design, fabrication and installation of aluminum and PVC structures for exterior and interior glazing residential, public and industrial buildings; Production of accessories for balustrade systems , furniture and exhibition design , commercial furniture and interior; Production of aluminum profiles in accordance with a drawing or model of the clients; Production of details for the furniture industry; Greater part of the production of the company in the last several years is related to design, fabrication and installation of constructions for photovoltaic systems, incl. production of foundations for the latter, as well as constructions for parking photovoltaic systems. The main challenges for the company are the outdated equipment, traditionally strong competition in the sector, and the willingness for introduction on new market niches. The latter requires expansion of the production facilities of the enterprise, full quality control and maintenance of competitive market prices. The main bottlenecks for the company are the outdated equipment, and the outsourcing of some production processes such as cutting, bending, edging, due to lack of proper equipment. That is the reason for the higher cost price of the products and also prevents the possibilities of the enterprise for introduction of new products. The current project will help the enterprise to overcome the aforementioned bottlenecks, as new, modern, energy and resource effective equipment will be delivered, which will result in increased competitiveness of the enterprise. The project duration is envisaged to be 18 months with a total budget of 600 000 BGN. The delivery of equipment will be implemented in accordance with Council of ministers Decree № 118/20.05.2014

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 29 Sep, 2016
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 600,000.00
Grant 360,000.00
Self finance 240,000.00
Total paid 359,520.00
EU participation percent 85.0%

Location