Improvement of export potential and production capacity of the "KHM TEXTILES" Ltd.

KHM Textiles Ltd is a company registered in the beginning of 2011 in Pleven as a subsidiary of the French producer HYGOR – company with more than a 25 years of history in the Textile industry. Currently KHM Textiles is an independent company specialized in the production of classical sweaters, cardigans and other knitwear. The main activity of the candidate is mechanical knit of ready production for the French company “SARL Aaron” with the international recognized brand “American Vintage”. The “KHM Textile” LtD. is performing additional services like making up, finishing, ironing and packing. For 2014 the income from export is more than 95% of the common sales of the candidate. The team of the company is formed by a highly qualified and experienced designers and technicians which allows the development of brand new products according to the world fashion tendencies. New collections are being produced every year according to the global tendencies and innovations in colors, textures and yarns. The current project proposal of the candidate “KHM Textile” LtD. aims to optimize and improve the production capacity and to strengthen the export potential of the company with investment in fixed assets which are falling in category “Creation of a new business object”.The realization of the project will contribute to the increasing of the production capacity of the candidate. This is going to give a chance to the company to satisfy the market needs and to strengthen the export potential of the candidate. The chance for a Grand financing for a part of the investment is a key factor for starting the project and a guarantee for achieving the set results and indicators.The current project proposal is made according to the standards of Operational program “Innovations and competitiveness” 2014 – 2020, “Innovative strategy for Intelligent specialization” 2014 – 2020, Strategy for development of the SMI’s in Bulgaria as well as the aims of the current procedure for project selection.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 16 Feb, 2017
Contract date 23 Dec, 2015
View in UMIS

Financial information

Total cost 1,019,316.40
Grant 713,521.48
Self finance 305,794.92
Total paid 700,077.65
EU participation percent 85.0%

Location