The main objective of the project is to promote the competitiveness and to expand the production capacity in KITTNER ANLAGEN-UND MASCHINENBAU Ltd. taking into account the modern technology progress. Considering the development trend in high technology sector – manufacturing of machines and equipment with specific purpose, the company's strategy aims capturing new markets and clients. Based on this the company identified the need to expand and modernization of technology assets. The overall objective of the project is realizable through specific objectives: increase production capacity up to 2 times; improve production processes through investments in resource efficient technologies; increase export potential. These objectives are achievable through the implementation of: Activity for improving the production processes; Activity for diversification of the range of products and services to enterprises; amp; Activity for implementation new technologies for improvement of the resource efficiency and effectiveness in the production process. Within the framework of the activities, it will be purchased new fixed assets (press brake, band sawing machine, CNC lathe, assembly tables for electrical switchboards 2 pcs., sets welding equipment 3 pcs., server system) and intangible assets (specialized software for designing of circuit diagrams and engineering design of machines). As a result will achieve: reducing manual operations; greater automation of processes of design and technological processing - bending, cutting, turning and welding; reducing production time; minimizing the risk of errors in the final products up to 80%; reducing the number of unfit products and technological waste by up to 20%; a diverse range of product group of the lifting equipment; implemented new resource efficient and effective technologies. Thanks to this, the company will achieve the desired expansion of capacity up to 2 times, and will increase exports by entering new markets.
Overview
Status | Closed (completion date) |
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Start date | 09 Feb, 2016 |
End date | 22 Feb, 2017 |
Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
Total cost | 789,909.36 |
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Grant | 473,945.63 |
Self finance | 315,963.73 |
Total paid | 472,997.82 |
EU participation percent | 85.0% |
Location