Introduction of new technologies for diversifying the range and increasing the competitiveness of SEVAN S.V. Ltd.

SEVAN S.V. Ltd. was established in 2011 specializing in the manufacture and sale of chemical products. The company started the production of antifreeze and windshield washer fluid. From 2013 launches thinners and solvents on organic basis, and since March 2014 its new production in sector paints and primers based on water below the line "DECOR", glue W-200 and others. The subject of this project proposal is an investment in Homogenizer, Disintegrator for liquid media, Automatic volume metering filling machine, Vertical, wrapped with a stretch film machine type palletizer with platform trolley and Forklift gas engine. Listed assets represent a comprehensive new solution to address the need for improving the production process and increase the productivity of the enterprise. Their implementation in production has two main objectives. The first is to resolve problems in production stage packaging and warehouse logistics of finished products. Second, but not least, to start production of new products in Class Construction chemistry to be secured a wide range of products and output to be admitted in the big DIY /Do It Yourself/ chains. This will help SEVAN branding and visibility among its users. At present, given the short history of the company, the products are not well known in the market, despite the existing distribution network. In the project we will realize activities and the project management, selection of contractors, delivery of assets, visualization and promotion of the EU financial contribution, final reporting. The expected results of the project are expressed in a range of economic results that are measurable and will be reported to underlying project indicators. The expected effect of the project is strengthening and expansion of market positions in the country and abroad by increasing the competitiveness of SEVAN S.V. LTD.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 17 May, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 299,430.00
Grant 209,601.00
Self finance 89,829.00
Total paid 207,898.60
EU participation percent 85.0%

Location