Increase of production capacity and business effectiveness in FLAME Ltd.

Flame Ltd develops its business activities in the sphere of video and audio production, offering complex of decisions, which include creative and technical services. At that moment Flame Ltd is focused on creation of alternative concepts and development of video production to the end client and advertisement agencies. The company has main office in Sofia and office in Vratsa. The current project is connected with the company’s aim to enhance the capacity and effectiveness of the production through investment in High tech software platform, developed especially and functioning in setting of large volume database, consistent with the specificity and demand of the process of creation and distribution of multimedia content. The aim of the provided investment is improvement of the effectiveness of the processes in the production, enhancement of the productivity and quality, and optimization of the processes. Through access to technological and innovative resource the company will benefit of the existing opportunities, offered by the global market, will improve its market position and competitiveness, will realize export and will increase its income. The main activities are: - Improvement of the processes in the production; - Added of new features and improvement of the existing products and services; - Implementation of new technologies to improve the resource effectiveness in the production process. Expected results: - Enhanced productivity; - Effective use of the production factors; - Improved production process; - Higher added value of the final product; - Realization of the company on the international market; - Improved management capacity; - Increased competitiveness. The achievement of the above mentioned results will guarantee the stability of the investment, while it covers the aims of Operative program as adequate correlation between expected costs and benefits.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 18 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 600,000.00
Grant 420,000.00
Self finance 180,000.00
Total paid 420,000.00
EU participation percent 85.0%

Location