Improving the competitiveness of TITAN ENGINEERING LTD and increasing the export potential through implementation of new technologies in the production process

TITAN ENGINEERING LTD was founded in 2003 with main activity - development, manufacture and sale of sports equipment - fitness equipment and playgrounds for indoor and outdoor use. Manufacturing process passes through the following stages: Design - Cutting - Finishing operations - Painting. For Design stage we use modern software for technical drawing and graphic design applications for 2D and 3D design and construction globally. We also offer a comprehensive software solution for mechanical engineering, supplying our team with complete tools for 2D and 3D design, research, data management and communication. Part of the production stages / Cut, Painting / also have some of the most modern machines. The subject of this project proposal is the investment in tangible fixed assets - lathe and vertical machining center, which represents a complete new solution to address the need for improving the production process and increase the productivity of the enterprise. Their implementation in manufacturing process aims to solve manufacturing problems in stage finishing operations in front of which the company is placed, due to the performance of a number of activities with excessive use of manual labor or outsourcing caused by the use of obsolete, inefficient low productive equipment, which often fail. As part of the realization of our project we will do also the following activities - management activities of the project; selection of contractors; delivery of assets; visualization and promotion of the EU financial contribution; final reporting. The expected results of the project are expressed in a number of economic outcomes that are measurable and will be reported to underlying project indicators. The expected effect of the project is strengthening and expansion of market positions in the country and abroad by increasing the competitiveness of the TITAN ENGINEERING LTD.

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