Increasing the export potential of PROMECHANICA Ltd

Promechanica ltd in Kazanlak is a company specialized in the production of machine parts for various industries. The latest generation of machine tools is used for achieving complex geometrical shapes and high precision within very small tolerances. This allows the company to successfully compete on the market for small and medium sized lots of complex machine parts for various machine building sectors. In the past 3 years the company has achieved a 100% growth. As a new company in 2009 the production has started with just two machines and 4 operators. The increase of customers and orders and the purchase of new equipment allowed for the creation of a small production facility offering machining of parts on 6 machines, and complete with a well equipped measuring lab. With the increase in production and technological capabilities 3 new customers from Germany and Switzerland have been acquired. All are well respected in their line of machine production sectors, serious and stable large multi national companies. The potential for increasing orders with these customers is very large. The company is in an acute growth stage of its development. This makes is mandatory to keep the investment rate in new equipment so it can expand its technological capabilities and capacity and be able to fulfill the increased demand from customers, both already acquired as well as new prospects. The company aims to increase sales as well as to drastically expand the export component. In 2014 the export part of sales was 32% but already in 2015 they are projected to be 70%. In the next 3-4 years export is expected to reach 95% of all sales with most of it to EU countries. To complete this mission Promechanica needs the current project so it can increase seriously and fast its production capacity and technological capabilities as well as its competitiveness and export potential by purchasing and installing 2 turning centers function as well as 3 vertical machining centers.

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