Improving growth capacity through investment in high-tech metal processing machines

The main restriction to the development of BMS Production is the lack of sufficient capacity enabling us to satisfy the market demand volumes of our products. A great deal of our equipment for turning, milling, cutting, is highly depreciated, low productive and cannot provide for consistently high quality of our products. Therefore the main objective of our project is aimed at improving the capacity of the company through investment in new high-tech equipment, addressing the described processes. The purchase of the new machines will improve the manufacturing process. We will guarantee its continuity through overcoming the problem of frequent stoppages due to breakdowns and repairs. We will increase the level of automation, eliminating manual operations and number of manipulations with details. We will achieve significantly increased productivity. The project implementation will contribute to improvement of our products quality. The risks of human error in processing will be eliminated. The machines will enable stable repeatability for the production of series of identical parts. We will be able to process materials of different hardness with great precision. We will decrease the dependence on subcontractors and thereby the problem of low quality performance. The project implementation will enable us to diversify our product range in all three product groups we produce. We will introduce annually an average of 9 new models for the period of 3 years after the end of the project. We will improve resource effectiveness and efficiency in production. The new equipment will result in less waste and lower consumption of raw materials per unit of product. The higher technological class of the machines will lead to lower energy consumption. As a result of the project implementation the production capacity of the company will increase by 35%. Our exports will increase by 7,95%, our revenues from sales will rise by 6.80% and we will generate higher profits.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 30 Jun, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,279,000.00
Grant 447,650.00
Self finance 831,350.00
Total paid 445,651.50
EU participation percent 85.0%

Location