Improving production capacity of "Grinding Producing Plant" JSC through introduction of a laser cutting machinery.

"Grinding Producing Plant" JSC was established in 1968 in Asenovgrad. The company is specialized in the manufacture of grinding machines: hydromechanical Surface universal management and numerically controlled (CNC) and universal Roundgrinding with hydromechanical control and numerically controlled (CNC);  "Grinding Producing Plant" JSC exports its products throughout the world: EU, Russia, Turkey, Latin America, Middle East, Africa. Since 1993 "Grinding Producing Plant" JSC is working with German companies for the production of parts and assemblies. Service, repair of various types of machine tools and production of parts for woodworking machinery are among other company activities. The manufacturing process involves the following operations: - Geometry of the preform cutting guillotine, gas cutting, or laser cutting machine; - Turning, grinding, drilling, milling or bench operations; - Welding; - Painting or oxidation. Along with standard equipment (lathes, milling machines, drilling machines), the company has some specific for the production machines, such as planers, planing, machining centers and others. The complex production process and the dynamic markets of the works require continuing investment in new equipment in order to preserve and develop competitive position. Currently, the basic needs of the company are related to the necessity of optimization of production. Major challenge for the company is the increased demand for high quality products treated with high-tech machines. To meet the market needs and to optimize the production cycle Grinding Producing Plant JSC must invest in new automated equipment for grinding machines. With the current project, the company hopes to increase productivity, improve quality and reduce cost of production. This will improve its competitiveness on foreign markets to which it is oriented. The production of new products will be possible with new equipment - metal parts for export.

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Overview

Status Closed (completion date)
Start date 25 Apr, 2016
End date 18 Jan, 2018
Contract date 25 Apr, 2016
View in UMIS

Financial information

Total cost 670,000.00
Grant 469,000.00
Self finance 201,000.00
Total paid 468,020.00
EU participation percent 85.0%

Location