ET "French-Hristo Petkov" is a company with over 20 years experience in the production of rubber products for industrial sectors - automotive, hydraulics, electrical, air-conditioning, sanitary, household appliances. The company has implemented standards of quality management and environment, and since July 2013 was implemented the standard ISO / TS 16949: 2009 for the production of rubber and plastics for the automotive sector. The company is the only producer in the country certified for the production of rubber parts for the automotive industry, which gives a competitive advantage to the enterprise, but also implied to increase significantly the capacity and to improve the quality of production. Over 90% of the production is realized as indirect exports through the largest manufacturers of electrical engineering, hydraulics and automotive. In 2013 the company established its first direct contacts with European companies that have requests for direct supply of rubber products for the automotive sector. However, to ensure the production of these products require the company to introduce a new high-performaning equipment that will allow mass production of these products, better profitability and high quality production, which is mandatory for the automotive industry. The company currently has 8 pieces of morally and physically obsolete injection molding machines -MIR, which often fail and can not guarantee the production of large volume production. The outdated technology is significantly more energy intensive, with much higher consumption of resources and cannot guarantee the quality, leading to wastage. In this sense, to continue its development, the company should invest in new Horizontal injection machine that will increase the production capacity of products for the automotive and electrical engineering with an average of 125%, will ensure the high quality and optimize efficiency of resources.
Overview
Status | Closed (completion date) |
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Start date | 23 Dec, 2015 |
End date | 27 Dec, 2016 |
Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
Total cost | 488,000.00 |
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Grant | 341,600.00 |
Self finance | 146,400.00 |
Total paid | 341,565.00 |
EU participation percent | 85.0% |
Location