Investments to improve production capacity and increase exports "GRAVELITA" Ltd

“Gravelita” Ltd. is operating in “Manufacturing of products from other non-metal minerals, not classified elsewhere” and is specialized in production of non-metal mineral products – chalk microlite for animal feed, calcium carbonate for fertilizers, limestone for construction mixtures, calcite, activated bentonyte, micronized chalk powder. “ Gravelita” Ltd. needs to address increased customer demand at the limitation of fully utilized production capacity utilization, and to improve the quality and competitiveness of products, in order to expand its positions on the international markets. The company is using physically old and outdated equipment, which is not efficient enough and lead to labor intensive production with high energy and material consumption, and unstable parameters of production processes. In order for these needs to be met, the project includes the purchase of fixed assets as an entirely new solution: Sieving line, Double-surface vibration sieve, Bucket elevator, Microproducts production line, Heat-exchanging line, Semi-automatic packaging machine and a mini loader. The new equipment will increase production capacity, improve export capabilities and will ensure precise production parameters, which will enhance resource efficiency and effectiveness in production processes, and will decrease cost of production per unit. The company is in the range of eligible target group with a project in ISSS thematic field “Industry for healthy life and biotechnologies”. The expected results are: improving competitiveness and creating export potential, decreasing production cost and increasing production capacity. The project is directed to the following activities: improvement of production processes and current products, as well as introduction of new technologies for enhanced resource efficiency and effectiveness in production process.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 25 Jul, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 314,602.00
Grant 220,221.40
Self finance 94,380.60
Total paid 219,957.50
EU participation percent 85.0%

Location