Improving the production capacity and enhancing the export potential of Raya Sltd.

"Raya Sltd. is a small enterprise specialized in the production of sheet and roll labels, colored labels (about 80% of total production), white labels, labels for thermal transfer printing, thermal printing labels and others; advertising materials of paper and cardboard - leaflets, brochures, leaflets, flyers, posters, calendars, catalogs, business cards; packaging - cardboard boxes and packaging materials from corrugated cardboard; forms, templates, stamps. As an external service, the company offers design of printed materials. The company production base is located in the town. Stara Zagora. This project proposal by the applicant Raya Sltd. is based to improve production capacity and enhance the export potential of the company through realization of investment in fixed assets with a focus on expanding the capacity of existing business object, namely machine finishing after rotation printing machine punching IML labels (labels for indoor installation) totaling 1,070,232, 00 lev without VAT. Successful realization of the project will help the company to expand the range of products to improve the quality of existing products, optimize manufacturing processes, to increase the capacity of the company to produce various kinds of labels and increase the export potential of the company. High-tech equipment provided for the implementation of project activities will lead to an overall improvement of the competitive advantages of the candidate in the country and abroad. The ability to grant part of the costs for the realization of the investment is a key factor in starting the project and guarantee for achieving the projected results. This proposal fully meets the objectives of the Operational Programme "Innovation and Competitiveness" 2014-2020, ISIS 2014-2020, the Strategy for Development of SMEs in Bulgaria, as well as the objectives of this selection procedure for projects.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 22 Feb, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 1,070,232.00
Grant 749,162.40
Self finance 321,069.60
Total paid 748,887.29
EU participation percent 85.0%

Location