Improving production capacity in “Technogi”Ltd

"Technogi" LTD exists since June 2006, with activities in design and construction, manufacturing and installation of technological equipment, parts, assemblies and units for the food industry. The main activity of "Technogi" Ltd. is the production, maintenance and repair of machines and equipment for the food industry. Since its establishment until today (2015) the company sells its products and services on the domestic market, throughout the country. "Technogi" Ltd. carries out its production activities in the manufacturing premises, leased long-term rentals, which are separate sections for the main stages of the process. Some of the machines are bought second hand and with year of manufacture of 1977 to 1989. With this project the company's main objective is to increase its production capacity and export potential. Goals that "Technogym" Ltd. has set will be achieved through the purchase of CNC Lathe and CNC Vertical center, which will enable the company to fulfill orders for production of high-precision automated machines - pasteurizers, dosing machines for viscous liquids etc. Currently, the production process is dependent on the problems and limitations arising from the generally low level of the technology (old, inaccurate machines with limited working capacity and operations), higher production costs and its inability to fulfill large orders in a short time. With the project the company plans, by the end of 2020, to significantly enhance its competitiveness through increased productivity by over 19% increase average revenue generated from exports by 26% and increase the efficiency of production costs by over 16%.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 31 Mar, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 329,000.00
Grant 230,300.00
Self finance 98,700.00
Total paid 229,873.00
EU participation percent 85.0%

Location