Improving the competitive power of company "Techno Press" Ltd by increasing the production capacity and strengthening the export potential

The current project is oriented at overcoming the fundamental limits of the company’s progress: 1.Incapability of increasing the manufacturing of products with growing demand, because of used-up production capacity. 2.Incapability to satisfy the high market demand regarding quality and characteristics of the luxury vision packages and packages for food industry. 3.Relatively high prime cost of the production, because of lowered resource effectiveness and efficiency, high production waste share, eternal services, etc. 4.Prolonged lead time. To neutralize the ascertained limits, following project activities will be fulfilled: 1.Improvement in the production processes; 2.Adding new characteristics or improving the existing products and services; 3.Implementing new technologies for improving the resource effectiveness and efficiency in production process. To achieve this the company will buy and implement in running: 1.Automatic system for hot laminating - 1p. 2.Automatic rotogravure printing press – 1p. With the realization of this project modern technologies will be implemented in the production site, which will improve the production processes, create the needed technological security to increase the production capacity, add new characteristics and improve the existing products and services. The resource effectiveness will amend. This is needed to implement the planned expansion of the company's activity. This will result in: Improvement of the production processes for laminating, achievement of rotogravure impression and increment of the production capacity with 142.85% and 148%; Adding new characteristics and improving the existing products and services; Lowering the part of production waste in laminating and rotogravure printing with 60% and 80%; Improvement of the resource effectiveness and efficiency with 16.04%, productivity with 16.49%; Income by export increment with 910%; Target population is the team of the company;

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 23 Jun, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,483,200.00
Grant 889,920.00
Self finance 593,280.00
Total paid 889,140.00
EU participation percent 85.0%

Location