Improving the production capacity of "HYDRO MAT" Ltd by purchasing new machines.

Company "Hydro Matt" LTD was founded in 2008 in Bourgas, the company is ISO 9001: 2008. Now it is among the leading Bulgarian producers in their field. The company employs highly skilled engineers with extensive experience. The main source of economic activity is 28.12 Production of hydraulic pumps, hydraulic and pneumatic motors. The main products that the company produces are hydraulic pumps. In order to improve the production capacity of the company and its export potential with this project provides for the purchase of new production equipment that will be used for the production of hydraulic seals, which are one of the most important components of hydraulic pumps. Provided for the purchase of equipment will be installed in the production facilities of the company in the town Bourgas. Through the new equipment will boost exports and the total production capacity of the company.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 19 Oct, 2016
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 798,690.00
Grant 559,083.00
Self finance 239,607.00
Total paid 559,083.00
EU participation percent 85.0%

Location