Expansion of production capacity and development of the export potential of "RIS-VV" Ltd.

"RIS-VV" Ltd. is one of the leading companies in the 'Metal processing' branch of industry. The Company's activity is concentrated in the manufacture of various elements of reinforced construction products. Since 2007 the Company has been specializing in the production of pre-fabricated reinforcing materials. "RIS-VV" Ltd offers a wide range of products such as: reinforced construction products, splined walls, pilot structures and rounds pillars, welded reinforced structures, beams and other products. In the last few years, „RIS-VV" Ltd has come a long way in the expansion of its production facilities, as well as their territory and the development of its production. Despite the current market collapse and high competition, the Applicant's company receives more inquiries for increased number of orders and larger volumes, thus defining the potential for stable growth. The Company is not in the position to take all incoming orders with the available equipment, their fulfilment is delayed in time, not all products are feasible, due to their high cost, the majority of them being produced in unsatisfactory quality. This justifies the inability of the Applicant to develop its export potential. This project lays the grounds for investments in tangible assets, intended to strengthen the competitive leverage and marketability of the company and improve its production capacity. The implementation of all foreseen measures will allow for automation of many of the processes and improve the profitability by introducing new technologies to improve the resource efficiency and effectiveness in the production process. As a result of the project - "RIS-VV" Ltd shall be able to achieve faster production times for order execution and higher quality of products with maximum cost efficiency. It is expected that the commissioning of the new machines shall lead to substantial export potential and added value of the final product.

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