Expand capacity and export potential "HIMMASH 'AD through introduced of new technologies to improve resource efficiency and efficacy in the production process.

"Himmash" AD, Haskovo is a leading Bulgarian producer of appliances and equipment of stainless, carbon steel and bi-metal for the chemical, biotechnological, food, pharmaceutical and cosmetics industries, for energy, metallurgy and construction. The company develops and consistently implements significant investment projects connected with the introduction of new technologies, reconstruction and modernization of equipment in the main proceedings. Ambition of Himmash AD over the next five years now become a multinational company that has a significant market share of the domestic market and strong presence in international markets by offering all products and services in metal structures. This workload and the existing customer base gives the company confidence in the investment decision - subject of this project aimed at supplying equipment of the highest world-class, which complement the investment already made in such and gave the company a qualitatively new stage in European markets . Project envisages the purchase of tangible fixed assets that are intended to strengthen the competitive advantages of the company and improve production capacity. The project falls within the category of "expanding the capacity of business object" and planned investments in fixed assets are tied directly to the following activities: 1. Activities to improve production processes; 2. Activities to add new features or improve existing products and services 3. Activities introducing new technologies to improve resource efficiency and effectiveness in the production process.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 18 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,669,887.00
Grant 993,582.76
Self finance 676,304.24
Total paid 989,389.80
EU participation percent 85.0%

Location