With the implementation of the project the capacity of the existing business unit of Tehnomat-Merkurii Ltd. will be increased. The project aims to improve production processes and resource efficiency and effectiveness of Tehnomat-Merkurii Ltd. The project activities will be implemented through investments in fixed assets - shoe manufacturing machines. As a result of the project the following effects for the enterprise are expected: 1) increase of the production capacity and net sales; 2) strengthening export potential and increase the volume of exports; 3) increase of the production costs efficiency and 4) increase of the productivity.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 23 Dec, 2015 |
| End date | 19 Jun, 2017 |
| Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
| Total cost | 1,112,580.00 |
|---|---|
| Grant | 667,548.00 |
| Self finance | 445,032.00 |
| Total paid | 666,630.00 |
| EU participation percent | 85.0% |
Location