"INCREASE OF THE PRODUCTION CAPACITY AT "NEW TECHNOLOGIES AND SYSTEMS-SELECT-PETKO VATEV" ST"

"NTS Select" ST is registered with the decision of the Pleven District Court on 20.12.1990. The company carries out activities in the field of experimental–production, engineering areas and application of new technologies, development, design, construction and testing of new products, materials and other. The main activities of "NTS Select" ST are: 1. Manufacture of instruments and apparatus for measuring, verification, testing and navigation - they are placed on the market with registered trademark - a sign – an authentication of mark with Reg. № 54017 / from 10/02/2006 - Class 9. 2. Mechanical processing of metals. 3. Development and production of innovative products for special purposes. Activities to be implemented under this project proposal are focused on improvement of the manufacturing processes, diversifying the range of products and services, reducing the cost of external services, the resumption of exports and increase of resource efficiency in the directions "Manufacture of instruments and apparatuses for measuring, testing and navigation" and "Mechanical treatment of metals". They will be realized through investments via Tangible fixed assets and Intangible fixed assets and one will purchase: 1. Five-axis vertical machining center 2. Turn-milling machining center 3. CAD-CAM software for work with CPU machines The expected results of the implementation of the project activities are:  Expanding the nomenclature of articles and services  Development, absorption rate and manufacture the new details and units  Increase of production capacity  Increase of revenues from sales  Reduction of cost price for products  Reducing costs for external services  Increase of the added value of products  Expansion of the market position of the company on the domestic market and resumption of its presence on external markets.

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