Improving the competitiveness of "KFK" JSC through through implementation of new technologies to increase production capacity and improve resource efficiency and effectiveness

The implementation of this project meets the basic need of "KFK" JSC in improving the competitiveness of the company by creating opportunities to increase production and export as well as improve resource efficiency and effectiveness. The firms faces the typical setbacks to the development of Bulgarian SMEs - high production costs, need to update and modernize outdated technical base and to improve product quality. Project activities include the improvement of production processes, adding new features and improving existing products and services, diversifying the range of products and services and introducing new technologies to improve production process resource efficiency and effectiveness. More specifically, the project includes the delivery and put into operation of the following machines: 1. Vertical machining center - 1 piece; The project's estimated cost is 289801,79, lev, of which 60% or 173 881,07 lev are grants, and 40% or 115 920,72 lev are "KFK" JSC's own contribution.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 18 Aug, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 289,801.79
Grant 173,881.07
Self finance 115,920.72
Total paid 173,820.00
EU participation percent 85.0%

Location