"Korkos" Ltd. is a company with years of experience and traditions in the production of wood flooring and countertops and exotic wood. In recent years the firm has observed growth in export orders and makes a claim for long-term development of the European market, however, is associated with new challenges facing the company and competitors from a completely different scale. Most established manufacturers from Western countries have large, viskokotehnologichni and efficient production facilities. Therefore, in order to be competitive on the European market, our enterprise needs to take action aimed at improving production processes, reduce production costs, improve resource efficiency and increase the product range. To achieve the goals of development "Korkos" Ltd. plans to implement this project, including the purchase of 12 pieces FTA that will directly help the company expand capacity and increase export revenues. In the framework of this project is expected to be completed the following activities: 1 / Action to improve production processes. 2 / Action to diversify the range of products. 2 / Action for the implementation of new technologies to improve resource efficiency and effectiveness in the production process. The expected economic impact of the implementation of project activities is: Increased productivity of the company to 17.0926%; Increased revenues from exports and 54.1302% Increasing the effectiveness of the company to 15.1787%.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 20 Jun, 2016 |
| End date | 18 Jan, 2018 |
| Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 1,285,390.00 |
|---|---|
| Grant | 771,234.00 |
| Self finance | 514,156.00 |
| Total paid | 770,765.99 |
| EU participation percent | 85.0% |
Location