Increasing production capacity and competitiveness of the "Ilinden" Ltd. by implementing innovative technologies and equipment.

"Ilinden" Ltd. is the only one in Bulgaria and among the world's leading manufacturers of machines for casting aluminum alloys under low and the counter pressure, molds for plastic and aluminum equipment production lines for aluminum parts. Now is a symbol of high quality, precision and reliability. We have become a leader in the industry. We produce parts for leading automotive companies such as Volkswagen, Audi, General Motors, Chrysler, Ford, Peugeot, Citroen, Harley Davidson and others. Constantly before us the challenge to respond very precisely to the expectations of customers by offering them quality products with high added value at an affordable price. With the implementation of the project will meet the following needs: - Implementation of innovative technology and equipment to improve the production process - we have established a successful production algorithm that includes design, engineering and testing of products. The investment, which will realize, will help the company to develop unique innovative method for counter pressure invented by Acad. Angel Balevski and prof. Ivan Dimov. - Product development by diversifying the range of products of the enterprise - the main part of our production is used by the automotive companies. The development of innovative technology will allow us to produce molds and casting machines for more complex parts for cars; - Increased production capacity and quality - will achieve a significant increase in productivity and product quality. Now it can accept larger volume and complexity of procurement after the project. - Improving resource efficiency - newly purchased equipment will lead to lower energy consumption, consumption of less cooling fluids, reducing emissions of harmful gases, reducing the discharge high temperature casting and improve the working environment;

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 18 Jan, 2018
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,663,363.01
Grant 998,017.81
Self finance 665,345.20
Total paid 668,808.75
EU participation percent 85.0%

Location