Improvement production capacity and increasing the export potential of "Micron-20" Ltd.

Activities It is planned to be completed four activities: 1) Improve the production processes; 2) Added new features or improve existing products and services; 3) Activity to diversify the range of products and services to enterprises; 4) Activity for implementation of new technologies to improve resource efficiency and effectiveness in the production process. The project activities are investments in tangible assets related to the purchase and bring into use a Drilling Machine, Drilling/Routing Machine, Stripping Machine for Dry-film, Brushing Machine, Alkaline Etching Machine and Station for repair of Printed Circuit Boards. Will be held with the public call procedure for selecting the supplier of these assets in accordance with Decree 118/2014. Results The project will achieve the following direct outcomes: 1) selected executors and signed 3 contracts with suppliers; 2) increase the production capacity by about 44% in the first year after implementation of the project; 3) modernization of existing equipment by purchasing and deployment of 6 high-tech machinery and equipment; 4) creating two sustainable jobs for operators. 5) diversifying the range of manufactured products with the introduction of 3 PCB with new characteristics; 6) The realized investment project in support of business, entrepreneurship and investments created 1043 626.71 BGN; 7) Implemented 1one project with activities to improve resource efficiency; 8) reported one project with technical and financial reports. The positive effects of the project on development of the company are: achieved an internal rate of return of 816.20%; increased productivity with 67.50%; increased average revenue generated from exports as a result of the investment project by 111.84%; increased the efficiency of the production costs by 18,33%.

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Overview

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

Beneficiary

Financial information

Total cost 1,036,194.56
Grant 725,336.20
Self finance 310,858.36
Total paid 724,045.00
EU participation percent 85.0%

Location