Increasing the competitiveness of NICOLETTI Jsc.

NICOLETTI Jsc. is founded in 2010 and is an assignee of MEBEL TRANS Ltd., founded in 2004 and since 2009 specialized in production of upholstered furniture. NICOLETTI Jsc. co-operates with one of the largest distributors of furniture in Italy, Mondo Convenienza. The organizational structure of the company is built on Italian model. NICOLETTI Jsc. uses high qualitative materials imported directly from Italy and other EU countries. The main challenge for the management of the company is the impossibility to meet the increased demand for upholstered furniture. At the moment NICOLETTI Jsc. can not accept all requests for orders from new customers due to insufficient capacity. Meanwhile, the management identifies opportunities for entering new markets due to the limited potential of the Bulgarian market, as well as due to the import of cheap and low-quality goods from China. In this regard, the company is aware with the technological advantages of the most international manufacturers. A modern and automated production facility allows foreign manufacturers to have a strong competitive pressure on the company NICOLETTI Jsc. and other Bulgarian producers. Due to these challenges, the management of the company defines the main demand for improvement of the production capacity, while optimizing its effectiveness in the use of materials by limiting/reducing the waste of raw materials. Main steps in implementing of the activities for improvement of the production processes and for introducing in the production process of new technologies for improving the efficiency and efficacy of the resources: • Establishment of the project team and project management • Visibility and publicity • Conducting of a tender procedure • Delivery, installation and putting into production of the new machines • Accounting and internal monitoring

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 31 Jan, 2018
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 1,599,184.00
Grant 959,510.40
Self finance 639,673.60
Total paid 958,103.38
EU participation percent 85.0%

Location