The main hindrances to the expansion of business of ADL EOOD are related to the production of luxury commercial packaging: low production capacity and unsuitable technological processes, inability of improve the existing features and add new ones as well as poor resource efficiency and effectiveness of the manufacturing processes used for the production of luxury commercial packaging. In order to counter the established hindrances, it is necessary to take actions aimed to: 1. Upgrade the manufacturing processes; 2. Add new features and improve the existing products; 3. Introduce new technologies for improved resource efficiency and effectiveness of the manufacturing process. To that end, the following will be purchased and put into operation: 1. Machine for binding two different materials – 1 pc; 2. Machine for hard boxes – 1 pc; 3. Machine for laminating white hard boxes with decorative paper. - 1 pc.; 4. Creasing machine for paperboard – 1 pc.; The implementation of the project will remove the main hindrances to the planned expansion of company's business. As a result, we will: Improve the main manufacturing process for production of luxury commercial packaging. Ensure the availability of technology for flexible production, for gluing of hard boxes in three dimensions (3D), provide for the input of new materials in the manufacturing process and the adding of new features to the current product range. Increase production capacity for luxury commercial packaging by 80% by adding new type of materials with new critical thickness and increase the total capacity by 5 %. Reduce rejection rate and manufacturing waste. Improve resource efficiency and effectiveness by 16.09%, and productivity by 17.75% Increase production of commercial packaging in 2019 by 3.39%, net sales by 5.28% , and the share of exports by 4.82% compared to the benchmark 2014. The target group is the company personnel;
Overview
Status | Closed (completion date) |
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Start date | 23 Dec, 2015 |
End date | 09 Dec, 2016 |
Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
Total cost | 772,800.00 |
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Grant | 463,680.00 |
Self finance | 309,120.00 |
Total paid | 463,531.71 |
EU participation percent | 85.0% |
Location