Improvement of the production capacity of Vetprom JSC

The project provides for the purchase and commissioning of high-tech production equipment: Homogenizer with a working volume of 500 l. For manufacture of pharmaceutical products (pastes, ointments and gels) - 1 pc.; Automated production lines for laminated tubes of ABL material (aluminum barrier layer) and PBL material (polymer barrier layer) - 2 pcs. and Cardboard packaging machine for aluminum and laminate tubes - 1 pc. From manufacturing and technological perspective the envisaged deployment of new equipment will lead to: an increase of the production capacity of "VETPROM" AD; improvement of production processes through increased automation and diversification of the product range by expanding the technological capabilities of the company for the production of laminated tubes of ABL and PBL foil, in addition to the already produced aluminum tubes; reduction of the energy consumption per unit of production and increase the overall resource efficiency and effectiveness. From marketing and financial perspective the deployment of the new equipment will contribute to: reducing the manufacturing costs; diversification of the product range and expanding the customer base of the company; gradual increase in exports of products; increase of the sales and of the overall profitability. In ecological terms the new equipment will contribute to the efficient and economical use of the materials, increase overall efficiency and resource efficiency, which will contribute to environmental protection. With the implementation of the project the company will improve its overall activities in technological, financial, economic and environmental terms, which will lead to a lasting trend of growth of revenues from sales, of profits and profitability of operations, which will ensure a sustainable increase of its competitiveness.

Comments
Leave a comment

Overview

Status Terminated (termination date)
Start date 09 Feb, 2016
End date 09 Aug, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 2,669,358.78
Grant 934,275.57
Self finance 1,735,083.21
Total paid 0.00
EU participation percent 85.0%

Location