Investments to improve production capacity and increase exports "ALFA I ZET" LTD.

“ALFA I ZET” Ltd. is operating in Manufacture of machinery and equipment for food processing, beverages and tobacco" is specialized in the production of machinery for tobacco processing and produces nearly all the machines and equipment necessary for the provision of tobacco production. “ALFA I ZET” Ltd. needs to address increased customer demand at the limitation of full production capacity utilization, as well as to improve the quality and competitiveness of products, in order to expand its positions on the international markets. The company is using physically old and outdated equipment, which is not efficient enough and lead to labor intensive production with high energy and material consumption, and unstable parameters of production processes. In order for these needs to be met, the project provides for the purchase of fixed assets, representing a complete new solutions: 1 piece CNC machine for mechanical cutting and engraving and 1 system for water jet cutting. The new equipment will increase capacity, improve export capabilities and will ensure precise production parameters, which will enhance resource efficiency and effectiveness in production processes, and will decrease cost of production per unit. The expected results are: improving competitiveness and creating export potential, decreasing production cost and increasing production capacity. The project is directed to the following activities: improvement of production processes as well as introduction of new technologies for enhanced resource efficiency and effectiveness in production process.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 10 May, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 619,217.00
Grant 371,530.20
Self finance 247,686.80
Total paid 371,482.27
EU participation percent 85.0%

Location