Improvement of the production capacity of "Djovani" EOOD by investing in new machines

This project is aimed at purchasing of machinery and equipment in furniture enterp"Djovani" rise "Djovani" LTD. The need for implementation of the project is determined by the following identified needs of the beneficiary: 1. Insufficient production capacity and constraints to the development of series production 2. High production costs and inefficiencies in production processes 3. The need for improving the quality of the characteristics of existing products Target groups The project is aimed at encouraging small enterprise "Djovani" Ltd. to increase its production capacity and introduce new technology to improve resource efficiency and effectiveness in the production process. Goals: The overall objective of this project is to increase the competitiveness and development of the potential for efficient production of "Djovani" Ltd. through investment in modern technologies. The overall objective of the project proposal will be achieved through the implementation of specific objectives of the project, namely: 1. Technological upgrading of equipment in furniture enterprise "Djovani"Ltd. 2. Optimization of production costs and resource efficiency of production processes 3. Increasing production capacity 4. Adding new features to existing products 5. Improving the positions on the international market Expected results 1. Purchase of 3 pcs. machinery 2. Improved resource efficiency and effectiveness of production costs 3. Improved technological capacity 4. Added new features to existing products Activities: 1. Action to improve production processes 2. Activities to add new features or improve existing products and services 3. Activity of introduction of new technologies to improve resource efficiency and effectiveness in the production process

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 05 Apr, 2018
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,188,271.00
Grant 749,799.00
Self finance 438,472.00
Total paid 749,116.89
EU participation percent 85.0%

Location