Project "Investment support in new production equipment" will increases the competitive advantages of the MS Group, through the realization of investments in modern technologies and modernization of equipment, leading to increased production capacity and enhanced export potential of the company. Specific project objectives are as follow: - Increasing the production capacity of the company for the production of vials and caps in order to expand domestic and foreign markets; - Increasing the effectiveness of production processes and overall performance by putting into operation of new production equipment; - Increasing the efficiency of production processes and productivity through putting into operation of new production facilities; - Diversification of product range through the purchase and putting into operation of new technological equipment; - Modernisation and expansion of production capacities as a factor to optimize company performance and increase competitive advantage. The project objectives will be achieved through the implementation of activities for improvement of production processes and diversification of range of products.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 20 Jun, 2016 |
| End date | 13 Oct, 2017 |
| Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 479,210.00 |
|---|---|
| Grant | 335,447.00 |
| Self finance | 143,763.00 |
| Total paid | 335,300.00 |
| EU participation percent | 85.0% |
Location