The main objective of this project proposal is to contribute to increasing the manufacturing capacity of “Balkan” JSC through modernization and introducingnew high-tech equipment in the enterprise specialized in the production of metal components. The project implementation will contribute to the following results related to the purpose of this procedure for granting financial aid: • Improve productivity and efficiency in "Balkan" JSC by purchasing new high-tech equipment; • Establishment of a number of options the company to produce new and better products competitive in international markets; • Increasing the production capacity of the plant and create conditions for taking more and larger in terms of volume orders; • Optimizing the work of designers and technologists; • Reducing production costs due to phasing of subcontractors and use a minimum of manual labor; As a result of the implementation of activities will significantly increase the supply of new products with high added value.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 23 Dec, 2015 |
| End date | 21 Feb, 2017 |
| Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
| Total cost | 841,951.92 |
|---|---|
| Grant | 505,171.14 |
| Self finance | 336,780.78 |
| Total paid | 419,560.86 |
| EU participation percent | 85.0% |
Location