Increasing the competitiveness of Prolift Ltd. for production of elevators

The main sphere of activity of Prolift Ltd. is the production of elevators. Through the purchase of Folding press with CNC on seven axes and bombing of the lower table, Hydraulic edge-cutting machine and Band Sawing machine. Prolift Ltd. will be able to significantly improve the products and services offered, to start offering new products and services and to enter the international market for the first time. The introduction of these new technologies will improve resource efficiency and efficacy of production, because the effective management of production capacity with the support of the automated work processed guarantees their optimal work-load and controlled use of necessary resources (electricity, metal and consumables). The investments in tangible assets, that are part of the project are cutting-edge technology with low resource consumption, high productivity and low running expenses. Introduction of optimized methods for cutting and formatting of sheet metal - up to 60% reduction of the cost of basic production materials Electricity expenditure reduction because of improved productivity – up to 35% Reduction of the time for production of a single unit - from 48 work-hours to 12 work-hours Re-engineering of production processes - elimination of manual-mechanic processes - up to 70% In view of the relative weight of the different parameters in the formation of the unit production price an overall effect of 25% reduction can be foreseen as result of project implementation. The project will be implemented over 12 months through public tender in line with Decree of the Council of Ministers №118 for the delivery of Folding press with CNC on seven axes and bombing of the lower table, Hydraulic edge-cutting machine and Band Sawing machine with a total value of 410 000 BGN.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 05 Dec, 2016
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 410,000.00
Grant 287,000.00
Self finance 123,000.00
Total paid 286,454.00
EU participation percent 85.0%

Location