Production capacity improvement in Simolini 94 OOD

The current project proposal is aimed at purchase and commissioning of 1 automatic book sewing machine, 1 black and white digital printing machine and 1 punching and binding line. Serious problems in the production process related to limited production capacity mainly for the short but also for the long printing series, production costs efficiency as well as number of foreign customers will be overcome. The digital printing machine will handle the increasing number of short printing series which are currently produced ineffectively by the existing offset machines intended mainly for long series and therefore will increase the production capacity not only for the production of books but also for other product groups. The digital machine will contribute to the reduction of production costs and waste which will increase the effectiveness of production costs with more than 16%. Reduction of waste and resources used in the production process will result in company resource efficiency improvement. The automatic book sewing machine will replace the manual and ineffective existing machine and will enable the candidate to meet the requirements of foreign customers in regard to quantity and quality and thus increase its export. The punching and binding line will contribute to the reduction of external services and will increase the capacity for the production of calendars, notepads, notebooks etc. The new machines will improve the production capacity by increasing the total production capacity of the candidate with about 30%. It is expected that the productivity will be increased with more than 15% and the average export revenues based on the investment with more than 25% after the project implementation.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 30 May, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 689,332.29
Grant 310,199.53
Self finance 379,132.76
Total paid 310,199.35
EU participation percent 85.0%

Location