Increasing the production potential of MM Mechanics Ltd

MM Mechanics was established in 2000 and now is a leading company for mechanical treatment of parts. Company’s main activity is production of parts and details made of steel, ferrous metal, plastic; production of instruments and cephalic coverage. Recently the company obtained a big and well equipped foundry for aluminum. The investment has a link for mechanical treatment of parts. Quality control is being monitored very carefully, and the company invests in modern metering machines. Main purpose of the enterprise is to offer its industrial clients a complete solution for production of details, which saves time, management efforts, control costs, and guarantees the quality of the production and the safety of the deliveries. Attention is paid to the production of instruments equipment-molds, injection molds and dies as a base for production of elements. MM Mechanics is more and more heading to production of units and finished articles for companies of different sectors- service equipment, automatic systems, lighting fixtures, furniture, etc. The goal of MM mechanics is through the current project to invest in modern equipment, that fulfills the high standards and expectations of the clients, so that it will increase the production capacity of the company, and will allow an increase of the taken orders. The main activities to increase the production capacity, foreseen in the current project are. 1. Activities to improve production processes; 2. Activities for implementation of new technologies to improve resource efficiency and effectiveness of the production process.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 25 Jul, 2017
Contract date 23 Dec, 2015
View in UMIS

Financial information

Total cost 1,682,000.00
Grant 999,949.00
Self finance 682,051.00
Total paid 976,129.16
EU participation percent 85.0%

Location