Improving of the production capacity of Bullet Impex Ltd. by buying a machine for molding two-color feet on top of the boot

Bullet Impex Ltd. was founded in 1999. The Company's main source of economic activity is the production of shoes (Code of economic activity C15.20 according to CEA-2008). The main activities of the company are related to the manufacture of household and work slippers. In addition to this range, the company manufactures sports shoes as well. The company has a production base located in the Eastern Industrial Zone of Lovech, Bulgaria. The main customers of the company are Bulgarian and foreign wholesalers and retailers. In order to improve the production capacity of the company and its export potential, the present project provides for the purchase of multifunctional high-tech machine for manufacture of soles for sports shoes. Sustainable and long-term improvement of the competitiveness of Bullet Impex Ltd. will be achieved through the introduction of modern and high-tech equipment for production of sports shoes through the purchase of: Machine for production of soles for sports shoes, as a prerequisite for development of products with high value added. The successful implementation of the project will lead to production of higher quality and greater volumes, widening of the product range, shortening of manufacturing deadlines and will create opportunity for full compliance with the customer requirements. In addition, the realization of project activities will enable the company to increase its production capacity and to expand its activity on the European and world market.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 21 Sep, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,365,210.00
Grant 819,126.00
Self finance 546,084.00
Total paid 819,126.00
EU participation percent 85.0%

Location