ELCOTECH-SINHRON Ltd. with a new business location

The project proposal includes activities that the company can provide: - Improve production processes; - Diversification of the product range in the "Mechatronics and clean technologies" through the creation and equipment of a new business entity; Implementation of activities under this project will be carried out by a team of specialists who are also involved in the production process and the financial and economic activities. It is envisaged that the activities to be performed by the Team led by a Team leader and monitoring of the Manager. Implementation of the project will provide the company an opportunity to develop the production capacity of the executing and present priority direction - "Mechatronics and clean technologies" - KID 27. Provided for the purchase of production equipment and hardware for design and programming are Tangible assets (FTA). They are complementary to those provided to purchase Intangible assets (specialized software for product design and development, technology, quality plans, representing the know-how). With their implementation the company will acquire the potential for significant product development in existing markets and to expand exports. Through the implementation of this project, the company expects to improve its competitiveness by significantly develop the diversity and potential for export of their products. Along with implementation of this objective is expected to achieve higher productivity, reduced production costs, better quality of working and adding value. In carrying out the activities will ensure strict implementation of the statutory requirements for the implementation of projects publicly funded EU and national budget. For the financing of the project activities the company is able to use a bank loan of servicing banks. They declare readiness for lending.

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