The project proposal includes activities that provide to the company: - Improving production processes; - Providing opportunities for diversification of product range; - Improving the resource efficiency and effectiveness of the production processes. These activities will be accomplished by supplying of equipment for implementation of new technologies for the company: - Processing of metal products on CNC lathe with a live tool; - Processing of metal products on 5-axis CNC mill. Implementation of activities under this project will be carried out by a team of specialists who are also involved with the production process and the financial and economic and commercial activities. It is envisaged that the activities to be implemented under the direct supervision and monitoring of the Manager. Provided to purchase machinery and equipment for metal processing, represent lasting tangible assets. They are complementary to those provided to purchase lasting Intangible assets (technologies, methodologies representing the know-how). With their deployment, the company will acquire the capability for product development of existing markets, and especially - the possibility of entering new foreign markets. Through the implementation of this project, the company expects to improve its competitiveness and creating the potential for export of their products. Along with implementation of this objective is expected to achieve higher productivity, reduced production costs, better quality of working and adding value. When implementing the activities will ensure strict implementation of the statutory requirements for the implementation of projects financed with public funds and the national budget. For the financing of the project activities the company has the option to bank loans by servicing banks. They declared their readiness for lending.
Overview
Status | Closed (completion date) |
---|---|
Start date | 20 Jun, 2016 |
End date | 25 Jul, 2017 |
Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
Total cost | 423,745.39 |
---|---|
Grant | 296,621.77 |
Self finance | 127,123.62 |
Total paid | 296,310.00 |
EU participation percent | 85.0% |
Location