Improving the production capacity of the company "Express it" Ltd.

The company "Pak Express" Ltd. was established in 2004. Its main activity is the production of cardboard boxes, greaseproof paper greaseproof bags and plastic bags for transport and storage of food in a short time. The main market for the company's production is EU countries. The company has the necessary machinery for this production, but they are already morally and physically obsolete, worn and relatively low labor productivity. The project activities provide for the replacement of 4 pieces machinery related to the production process: 1. A system for the preparation of offset plates 2. Machine for laminating 3. Cuting Machine 4. Forklift to transport goods and materials on the premises. With the realization of this project proposal would increase the production capacity of the enterprise will increase production quality and ease working conditions. One of the goals of the company is through the realization of this project proposal to continue to develop still vacant niche in Greece, and to increase the quantity and quality of production.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 23 Oct, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 811,855.25
Grant 568,298.67
Self finance 243,556.58
Total paid 559,916.83
EU participation percent 85.0%

Location