Enhancing the Production Capacity and Improving the Efficiency of FIL-CO EOOD

FIL-CO EOOD, registered in 1996, is an enterprise specialising in the production of sportswear. The latter is sold both on the national and international markets. FIL-CO’s main customers are companies from Bulgaria, Italy, Spain and Greece, such as Proteam International OOD, Pirin OFC, Spartak OFC, Chernomorets PSFC, ARGON SETTE S.R.L. and MACRON S.P.A., Italy; LUANVI S.A., Spain; SPORTIVO G.P., Greece, among others. Currently the company has the potential market for a larger production volume; however, its insufficient production capacity does not allow it to produce the desired market volumes and deliver with the desired product diversity. The shortage of machinery and equipment, as well as the insufficient technological level of the available equipment, are among the reasons why the company fails to produce larger quantities so as to satisfy its customers’ needs. FIL-CO’s core products include sportswear such as training kits, sweatshirts, T-shirts, long and short training bottoms, sleeveless tops, training socks, etc. The aim of the project is to enhance FIL-CO’s production capacity and strengthen its export potential. The main project activities seek to improve the production process, add new features to or improve existing products, diversify the range of products, as well as introduce new technologies to improve the resource efficiency and effectiveness in the production process. The project includes purchase of machinery and equipment the incorporation of which will bring about the following outcomes: - enhanced production capacity of the company - improved productivity - improved efficiency based on production costs - raised export revenues - added new features and improvements to existing products - diversified product range - improved resource efficiency and effectiveness in the production process.

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Overview

Status Closed (completion date)
Start date 12 Jan, 2016
End date 18 Aug, 2017
Contract date 12 Jan, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,238,520.00
Grant 743,112.00
Self finance 495,408.00
Total paid 736,331.96
EU participation percent 85.0%

Location