For the manufacturing of technical springs and after the procedure for selecting a contractor under the requirements of Decree of Council of Ministers 118/2014, new highproductive and measuring machinery will be purchased. By investing in new equipment, "Baldim-Federn" Ltd. will be able to increase the capacity and technological collateralisation of their production, diversify the product assortment, to maintain impeccable quality, to improve resource efficiency and effectiveness of the technological process. At the same time, the implementation of new capacities is a prerequisite for sustainable development of the company through the utilization of opportunities and export potential, expand market presence and customer lists with new and perspective contractors. The successful implementation of the project activities will have comprehensive positive effect on production activity, competitiveness, market position and financial results of "Baldim-Federn" Ltd.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 23 Dec, 2015 |
| End date | 25 Jul, 2017 |
| Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
| Total cost | 1,679,250.00 |
|---|---|
| Grant | 1,000,000.00 |
| Self finance | 679,250.00 |
| Total paid | 998,732.84 |
| EU participation percent | 85.0% |
Location