Increasing the export capacity and competitiveness of architecture company Red Vertex through adopting in work process a new generation high class software products for three dimensional (3D) architecture modulation, animation, visualization and rendering system.

Red Vertex is a leading and dynamic architecture company established in 2008 from arch. Rashkov and arch. Shishkov - both of them with proven experience among national and international architecture circles. Red Vertex is entirely oriented towards international market and export activity and above 90 per cent from their services are from export and 90 per cent from their incomes are from export. The main economic activity is development of 3D visualization, animation and master plans for architectural projects. The company gains serious positions among international circles it is well known with its professionalism, quality and loyalty. Red Vertex works with the best and the biggest in the field in the world (see description). At that time the company uses older generation software for animation, visualization and modeling, and there is no special architectural modules. This imposes the necessity from more technological time for preparation, more human resources and more efforts for a unit of production. Red Vertex has strong intention to increase its capacity by priority investment in activities for improvement of work processes and activities for adding of new parameters and improving of existing products and services by investing in a new generation specialized architectural software package and rendering system that will permit modeling, visualization, animation and rendering more then 30 per cent faster then now with significantly improve functions and appearance of the final product. This will increase export capacity and the export revenue more then 100 per cent up to three years after completing of the project in comparison with 2014 and will allow the company to hire approximately 65 per cent new employers more then 2014.

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Overview

Status Terminated (termination date)
Start date 20 Jun, 2016
End date 20 Oct, 2016
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 734,500.69
Grant 329,790.82
Self finance 404,709.87
Total paid 0.00
EU participation percent 85.0%

Location