Improving production capacity and enhancing export potential in "NEVI TEX GROUP" EOOD

The main activity of Nevi Tex Group EOOD is the production of women’s clothes as commissioned by other brands, which in accounting terms is accounted as a service. The company provides its services and products on the internal and European market. The main need and challenge for Nevi Tex Group EOOD at this stage is increasing the production capacity, so that the company could adequately meet the modern standards and demand in the production of knitting clothing and preserve and enhance its market positions and export. Over the last three years, the company has had considerable growth in the number and volume of orders as compared to 2012, and this trend is becoming a significant challenge for the company to maintain its competitive position on the market. In order to keep its positions on the Bulgarian and foreign markets and gain new ones, Nevi Tex Group EOOD needs to modernize and expand its production facilities. The replacement of the obsolete 10-year-old equipment will have a direct beneficial effect on both the quality of the end product and the quantities produced and the time and resources needed for the production cycle. If this project proposal is implemented, the following results would be achieved: - improved stages of the production process; - improved resource efficiency at the company from the perspective of the rational, economical and environmentally-friendly use of resources; - improved quality of the products and services offered; - increased export potential of the company. By implementing this project, Nevi Tex Group EOOD will have the opportunity to acquire new competitive advantage by offering end products with higher quality at competitive prices and within short deadlines.

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Overview

Status Terminated (termination date)
Start date 23 Dec, 2015
End date 23 Jun, 2017
Contract date 23 Dec, 2015
View in UMIS

Financial information

Total cost 656,973.00
Grant 394,183.80
Self finance 262,789.20
Total paid 0.00
EU participation percent 85.0%

Location