Production capacity improvement for "Vip Stil 2005" Ltd.

"Vip Still 2005" Ltd. is founded in 2005 in Sofia and is operating in the village of Mramor . The company is specialized in designing, producing and assembling aluminium and PVC joinery, hanging facades, glass windows, light and heavy metal constructions. The production portfolio of the company includes a variety of products in conformity with national and EU quality standards. During the last years, company's goals are directed toward market and technology development, and more specific towards market expansion on the Bulgarian and foreign markets. The present proposal is focused on improvement and optimization of the production processes to achievement of mid- and long-term company goals. The project aims at purchasing and introducing into operation the following equipment: - 2-head automatic disk saw - horizontal gluing machine - Cooling table - Robot-cleaning machine - Milling machine for water- draining canals for windows - Screw-winding machine; - Machine centre for assembly plating - Joint milling machine - Copying milling machine The company intends to increase the volume of its production with up to 20%, and increase its incomes with minimum 25% as well as gaining new clients, through producing more and improved products.Through project implementation, Vip Stil 2005 Ltd. intends to start operating on new markets and offer quality products on a competitive prices.

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Overview

Status Terminated (termination date)
Start date 20 Jun, 2016
End date 20 Dec, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 475,770.00
Grant 214,096.50
Self finance 261,673.50
Total paid 0.00
EU participation percent 85.0%

Location