BULMARK Ltd. is developing in the direction of designing, manufacturing and engineering of devices, devices and actuators for measuring and switching in milliseconds range. The project proposal provides for the purchase and installation of machine finishing circular vibrator and Swiss-type lathes, and installing management software for milling and lathe-milling machine NC machines, which will improve the quality of finished products. With the introduction of new equipment, the company will be able to place their products on the European market. After implementation of the project activities productivity will increase by nearly 17%, while exports will rise by 30% over the next three years. With the introduction of new production machines will improve the efficiency of production costs, expected growth is 16%. The implementation of the project will increase the production capacity and the total volume of exports.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 09 Feb, 2016 |
| End date | 03 Oct, 2017 |
| Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 278,875.47 |
|---|---|
| Grant | 195,212.83 |
| Self finance | 83,662.64 |
| Total paid | 184,816.10 |
| EU participation percent | 85.0% |
Location