The investment project planned by Tehnoinvest inzhenering ltd. includes buying of the most needed equipment for precision production of machinery for the food industry. The total amount of the investment is not more than 401 283 BGN. At the moment the company doesn’t have the needed tangible and intangible fixed assets with the help of which to construct and produce equipment that meets the high demands for quality, functionality and safety by potential clients abroad. After the investment the company would have the ability to produce high quality machinery that meets the requirements of the client and will expand its market position. The planned investments will lower the production costs through savings from materials, labour costs and time. The need to use external subcontractors for the production of some details of the machines will be reduced because Tehnoinvest inzhenering ltd. will be able to produce most of the needed elements for assembling the final product with the help of the milling machines and lathes for precision processing. The company will be more competitive and will aquire more innovative potential. With the investment in dedicated software the company will enlarge its potential to produce specialized machinery such as mechatronic products combining mechanics, electronics and operational systems. Thanks to the assets acquired it will be able to construct and produce automated machinery with optimized functionality at competitive prices. Without this project the company will worsen its market positions and financial results.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 09 Feb, 2016 |
| End date | 12 Dec, 2017 |
| Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 395,072.00 |
|---|---|
| Grant | 276,550.40 |
| Self finance | 118,521.60 |
| Total paid | 201,942.31 |
| EU participation percent | 85.0% |
Location