Improving production capacity in "Signalizacia" Ltd.

"Signalizacia" Ltd is a manufacturer of high-quality paints for marking production areas and asphalt superficies in Bulgaria. The technology of production is no alternative to the Bulgarian market, where the company has limited competition and is a preferred partner in the implementation of all major projects in road construction. Planned project activities aim to increase the activity of the enterprise by commissioning of high-tech production lines for thermoplastic road marking, which will contribute greatly to the increase in production capacity and automation of the production process in "Signalizacia" Ltd. Also the implementation of the planned project investment activities will increase the export potential of the company and will create a significant competitive advantage, because the application of thermoplastic road marking continues to grow on national and global level. In Europe until this moment road markings are produced only in Denmark and "Signalizacia" will be only the second manufacturer in the continent. Planned investment for this project is a direct result of the desire of the company to increase its competitiveness, production capacity, invest in diversifying their production and expand its market position. With the implementation of the planned investment activities in the project, the company will be able to propose its customers a flexible production with new perspectives and opportunities. With the introduction of the new production line we should be able to produce many new products: - thermoplastic marking "the inscription"; - thermoplastic marking "road sign"; - thermoplastic marking "crosswalks"; - and more even an unlimited number of new products that will be produced by request (design) of the customer. The introduction of the new line for thermoplastic products will improve working conditions in the company and will have a direct positive impact on the environment.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 01 Dec, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 983,000.00
Grant 688,100.00
Self finance 294,900.00
Total paid 688,100.00
EU participation percent 85.0%

Location