Improved productivity and resource effectiveness and efficiency in Nekrato Ltd

The main activity of Nekrato Ltd is the production and distribution of mattresses, bases (french beds), frames and accessories. The sales of mattresses forms 85% of the total net incomes, the sales from upholstery bases, mattress frames and accessories make up the remaining 15% of the total income. The company has developed distribution networks which cover the entire Bulgarian market. In 2011, Nekrato Ltd launched two stores in Sofia and Burgas, as well as two regional wholesale warehouses in Burgas and Asenovgrad. Today the company is well known and Mattresses "Paradise" trademark is a popular brand on the Bulgarian market. With this project, Nekrato Ltd aims to expand its activity by improving the production capacity and strengthening export potential. To achieve these aims, Nekrato Ltd would like to purchase and install the following equipment: 1. Machines for counter-cutting The new equipment will provide the ability to cut a variety of forms and will facilitate the production of various shapes and zones of comfort. 2. Multi-needle quilting machine with a device for cutting panels The new high-performance machine with a device for cutting panels will allow the operator to create a variety of designs for mattress quilts. The use of the new machine will increase productivity and will allow the production of new models and will also allow the implementation of a new product – home textile (duvets). 3. Border quilting machine for mattresses The new quilting machine for mattress borders will help to expand the production range of articles and will increase the speed of production of linear meter. 4. Production line for crushing foam and pillow stuffing The production line has the following modules: for crushing foam, for mixing the filling and for stuffing the pillows. The line is designed to digest polyurethane foam waste and other foam materials, from which to create the final product - pillows.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 11 Jan, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 665,000.00
Grant 307,500.00
Self finance 357,500.00
Total paid 286,532.50
EU participation percent 85.0%

Location