"Prugini-Penev" Ltd. was established in 1997 with business activity, production of technical springs from wire and tape - CEA-2008 the main activity: 25.93 Manufacture of wire products, chain and springs company manufactures springs in construction documentation client or model. Indicates constructive help in development of new products. It has highly qualified personnel, trained in leading European companies producing technical springs.We started with a staff of 10 people, the company sells products and satisfy the needs of Bulgarian enterprises in the food industry, electrical engineering, mechanical engineering and military-industrial complex. Over time and investment in new high-tech machinery and training of staff in production staff, we were able to increase the volume and quality of production, which enable us to emerge on the international market. Currently the company employs 50 people, and about 75% of our products are sold abroad, mostly to Russia, Germany, Belgium and France. The dynamic development is the main objective of the company, including continuous expansion of production through the introduction of new production technology to improve the quality and reduce the cost of the products in the production process, exploring new market niches and expanding the range of products and increase the volume exports. The company therefore apply for grants under the Operational Programme Competitiveness and Innovation, the name of the procedure Improving production capacity in SMEs - BG16RFOP002-2.001. The successful implementation of this project proposal the company "Prugini-Penev" Ltd. intend to purchase two CNC high-speed spring-forming machines with wire capacity respectively 0.60-2.00 mm and 3.00-5.00 mm.
Overview
Status | Closed (completion date) |
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Start date | 20 Jun, 2016 |
End date | 14 Jul, 2017 |
Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
Total cost | 1,034,117.92 |
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Grant | 620,470.75 |
Self finance | 413,647.17 |
Total paid | 617,299.15 |
EU participation percent | 85.0% |
Location