Improvement of the efficacy of the production process and diversifying the product assortment in "Paliniko" Ltd.

"Paliniko" Ltd. is a company specialized in manufacturing all kinds of gears and shafts, body parts, gears, rack and pinion gears. The companys services are: repair of gearboxes, pumps and any kind of drive components, machining parts to order. "Paliniko" Ltd. offers repair and manufacture of gearboxes and gears for export to the whole world. The company has extensive machine park of universal machines, and high-performance CNC machines for Cogmilling. The project will entail the creation and development of competitive advantages of "Paliniko" Ltd., based on improved efficiency and effectiveness of production processes, including improving resource efficiency, increased production capacity and product quality, and diversify the range of products and services. The project proposal is related to the implementation of the following activities: Action 1 "Improving the production process" - Vertical CNC machining center; Activity 2 "Product diversification of products and services to the company"- Vertical CNC machining center; Activity 3 "Implementation of new technologies to improve resource efficiency and effectiveness in the production process."- Vertical CNC machining center; These activities are related to the investment in fixed assets with the aim of expanding the capacity of an existing business object, in this case "Paliniko" LTD. Implementation of activities associated with investment in the purchase of vertical CNC machining center. In connection with the implementation of the investment is provided for selection of contractor for the supply and visualization of project activities.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 11 Jan, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 153,800.00
Grant 107,660.00
Self finance 46,140.00
Total paid 107,660.00
EU participation percent 85.0%

Location