The main activity of SIMLOGIC Ltd. is implementation of complex projects in the field of process automation. The company offers: design and development of engineering solutions with a high degree of automation - industrial programmable controllers, PC based controllers and DCS systems of the highest class, warranty and post-warranty maintenance, production of automated control systems, electrical panels, non-standard mechanical nodes, microwave sensors and transport systems. Provides design, assembly, testing and delivery of circuit boards and electronic products. The company has business sites in Sofia, Plovdiv and Skutare. The development of technology require the introduction of new machinery to improve existing products, upgrade and optimize production processes. The goal of saving time, power. Energy and materials, leading to reduced production costs, maintaining a consistently high quality of final products and services. This project is a logical continuation of the investment policy for growth and capacity expansion of the company. With its realization will increase production capacity and export now-potential. Provided by investments in fixed assets, aims to improve existing products and introducing new technologies for resource efficiency and effectiveness in the production process. The expected results of the project are related to increases in production capacity, strengthening export potential, and improve the market presence of the company. The objectives of the project presented an overall framework in terms of how increasing competition and globalization SIMLOGIC Ltd. can improve their competitive position and to promote the sustainable economic development of the Bulgarian economy.
Overview
Status | Closed (completion date) |
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Start date | 09 Feb, 2016 |
End date | 31 Mar, 2017 |
Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
Total cost | 1,010,000.00 |
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Grant | 707,000.00 |
Self finance | 303,000.00 |
Total paid | 705,880.00 |
EU participation percent | 85.0% |
Location