Increasing the production capacity of ‘BELLA – MITKO GEORGIEV’ Sole Trader

‘BELLA – MITKO GEORGIEV’ Sole Trader is a small company specializing in the production of metal works and various farm equipment. The main production consists of various details and metalware. In addition to them the company manufactures crusher trenchers for different harvesters, cultivators, fodder shredders, disk harrows. Although in small quantities, the company realizes sales on the international market. The main production of the company is based on the manufacture of metal constructions and details through cutting up metal sheets and further processing. The cutting up of metal sheets of different thickness and different metals is performed with the existing CO2 laser. This is an old- generation machine which is energy- consuming, uses a lot of resources and at the same time has low production capacity in comparison to the latest- generation laser cutting machines. The machine is work loaded to a highest degree and has reached its maximum production capacity. In addition, due to wear and tear in the recent years, the machine breaks down often and is forcefully out of order. This additionally worsens the company’s economical results because of the increased cost of repairs and the losses due to non operation. This has a negative effect on the general activity of the company and in the recent years a decrease in the turnover and the company profit is visible. On the other hand the company emerges on the international market exhibiting a tendency to occupy a larger niche. Reaching this goal cannot be accomplished without increasing the production capacity of the company. This is impossible with the existing machinery and technological resources. In order to double its production capacity, with the present project the company plans the delivery and introduction of a new automatic laser gantry cutting machine for cutting up metal sheets. The machine has low kilowatt fiber laser which guarantees high productivity with minimum energy and resource consumptions.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 16 Feb, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 586,750.00
Grant 410,725.00
Self finance 176,025.00
Total paid 410,200.00
EU participation percent 85.0%

Location