"Marzia BAGS" Ltd. is a leading Bulgarian designer and manufacturer of luxury women's and men's leather bags. Over 98% of the products are exported and sold on the European market. Customers of the company are some of the most famous fashion brands in the world - Furla, Lancel, H amp; M and many others. Due to the high quality which is maintained in the manufacture of products and customer satisfaction, the company observed the growth in orders since 2011. The growth of orders creates the need to increase the production capacity and technological modernization. The main activities in the project proposal are aimed at implementing new technologies to improve resource efficiency and effectiveness in the production process and improve the quality of existing products and services. The company will provide investment in contemporary and efficient technological equipment which should increase productivity and improve the quality of products and services company. "Marzia BAGS" Ltd. planned supply, installation and commissioning of various types of professional equipment for design and production of leather goods. The machines are cylinder arm sewing machines, post-bed sewing machines, hydraulic cutting machine, sharpening machine for leather goods, hot stamping machines, computer-controlled sewing machines (robots) and automatic gluing machine for leather goods.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 20 Jun, 2016 |
| End date | 13 Mar, 2018 |
| Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 614,349.67 |
|---|---|
| Grant | 368,609.80 |
| Self finance | 245,739.87 |
| Total paid | 358,079.95 |
| EU participation percent | 85.0% |
Location