Investments to improve production capacity and increase exports of " COLOR STUDIO " LTD.

“COLOR STUDIO” Ltd. is operating in “Printing of other printed materials and printed products” and is specialized in laser engraving, digital, offset, wide-format and direct flat printing on a variety of materials – paper, plastics, vinyl, fabrics, etc., and includes printed accessories for extreme tourism and sports – advertising materials, panes for marking of tracks for ski and sport orientation, as well as printed sport apparel and equipment. “ COLOR STUDIO ” Ltd. needs to address increased demand at the limitation of full production capacity utilization, as well as to improve the quality and competitiveness of products, in order to expand its positions on the international markets.The company is using physically old and outdated printing equipment, which is not efficient enough and lead to labor intensive production with high energy and material consumption, and unstable parameters of production processes. To address the needs, the project includes the purchase of fixed assets as an entirely new solution: Wide-format printer, UV flatbed printer, Machine for laser engraving, and Highly precise cutting machine. The machines will increase production capacity, improve export capabilities and ensure precise production parameters, which will enhance resource efficiency and effectiveness in production processes, and will decrease cost of production per unit. The company is in the range of eligible target group with a project in ISSS thematic field “New technologies in creative and recreational industry” and activities for adopting new technologies for improving resource efficiency and effectiveness in production processes. The expected results are improving competitiveness and creating export potential, decreasing production cost and increasing production capacity.The project is directed to improvement of production processes and current products, as well as introduction of new technologies for enhanced resource efficiency and effectiveness in production process.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 10 Oct, 2016
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 1,290,848.00
Grant 595,550.35
Self finance 695,297.65
Total paid 595,541.00
EU participation percent 85.0%

Location