Improvement of the production capacity and increasing the volume of export in "PLASTIKO" Ltd.

PLASTIKO Ltd. is engaged in the production and sale of industrial polymer packaging. The project proposal provides for the purchase and installation of Three-layer extrusion line for polyethylene film, assembly line for high-sticking and cutting of plastic bags "block" and assembly line for high-sticking garbage bags on the spool without spool, which will lead to improved quality the finished products. With the introduction of new equipment, the company will be able to place their products on the European market. Will also meet all prerequisites for starting production of two new products for the company - garbage bags and triple barrier foil. After implementation of the project activities productivity will increase by nearly 22%, while exports will rise by 25% over the next three years. With the introduction of new production machines will improve the efficiency of production costs, expected growth is 16%. The implementation of the project will increase the production capacity and the total volume of exports.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 17 May, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 539,000.00
Grant 377,300.00
Self finance 161,700.00
Total paid 377,299.26
EU participation percent 85.0%

Location

Veliko Tarnovo