High quality chairs

For the manufacturing of high quality solid wood chairs and after the procedure for contractor selection according to Decree of Council of Ministers № 118/2014, the company will establish a new business object in own building, located in the town of Troyan. New high-productive equipment will be purchased to improve production processes and overcome some of the major problems and constraints to the development of "Elma 13" Ltd. as need to: increase production capacity, eliminate much of the manual operations, increase resource effectiveness and efficiency, overcoming technological constraints hindering the full utilization of the available market opportunities and enhancing export potential. As a result of new equipment commissioning the enterprise will achieve an overall increase of production capacity, reduce manual labor, production waste and technological time for manufacturing of one product, improvement of product quality, increase productivity, reduce total energy intensity and increase resource effectiveness and efficiency of the production process. Essential for the enterprise is the opportunity through new high-productive equipment to utilize existing market potential and realize more export-oriented products with higher added value. The successful implementation of the project activities will have a comprehensive positive effect on the entire production process, the competitiveness of domestic and foreign markets and the financial results of the company.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 31 Mar, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 1,036,903.80
Grant 725,832.66
Self finance 311,071.14
Total paid 725,270.00
EU participation percent 85.0%

Location