"INDUSTRIALTECHNIC" AD is among the leading Bulgarian producers in the field of hydraulics. The company is established more than 25 years and is currently the only one Bulgarian manufacturer of heavy groups pumps IV and V. In 2014 the company's exports to the EU and third countries reaches 72%, which is a twofold increase compared to 2012. In spite of these successes and investments in technologies and equipments through the project and own financing more investments in technologically advanced equipment are necessary in order to be optimised production costs and to be improved competitiveness of the company. It is planned to be introduced 2 pcs. lathes and 1. vertical traveling column to replace some of the outdated technology with a universal manufacturing characters. With their introduction will be acieved significant reduce the time for manufacture / processing of details; enhancing the quality of finished products and a reducing the volume of the technological wasters; optimizing production costs and depreciation. Following the introduction of the new equipment in exploitation will create opportunities for expanding of product portfolio and its own innovative technologies and products designing and development and production of a large series of them.
Overview
Status | Closed (completion date) |
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Start date | 09 Feb, 2016 |
End date | 21 Aug, 2017 |
Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
Total cost | 620,000.00 |
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Grant | 372,000.00 |
Self finance | 248,000.00 |
Total paid | 365,896.67 |
EU participation percent | 85.0% |
Location