Investments to improve production capacity of “Dina Commerce”

Dina Commerce Ltd. operates in the field of production of DC contactors and other spare parts for electric forklifts and production of a wide range of metal parts for trucks of varying complexity. The majority of the production is for export. Secondary activity is the production of concrete and concrete products. The company is equipped with the necessary machinery, fixtures and tooling for the production of DC contactors, with the exception of galvanic coatings and plastics processing. Production of metal parts for trucks is also a promising activity in the portfolio of the company. Complicated process, however, requires a wide range of precision equipment, as well as its constant renewal to be competitive now. Currently, the basic needs of the company are related to the necessity of optimization of production. To meet the market needs and to complete the optimization of the production cycle in the base of the company, "Dina Commerce" Ltd. should be put into operation additional capacities and new automated equipment for production activities associated with metal in both directions - spare contactors and parts for trucks and metal parts for trucks. This project proposal is aimed at expanding the company's activities by broadening the Technology Park of "Dina Commerce" LTD. To withstand competitive pressures and to strengthen their positions, the company needs to optimize and increase the capacity and efficiency of work in various stages of production and to close its production cycle. With this project, the company hopes to not only increase productivity, and improve the quality and reduce the cost of production, which would make it competitive on foreign markets to which it is oriented. The new equipment will be possible production of new products - metal parts for trucks, which can be implemented in the EU.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 13 Oct, 2017
Contract date 09 Feb, 2016
View in UMIS

Financial information

Total cost 1,069,700.00
Grant 748,790.00
Self finance 320,910.00
Total paid 748,230.00
EU participation percent 85.0%

Location