This project aims to introduce software and hardware assets in "Tetracom IR" Ltd. which will allow the company to optimize production processes and to increase its competitiveness in international markets. The special software and servers purchazed with the investment project will allow significant optimization of working processes as well, which will increase the productivity of the enterprise. Time nedded for the hosting and colocation of content management services as well as software services for content management will be significantly reduced and the main activities related to content clustering, reputation management will be implemented for customers within hours, rather than as now in weeks. Thus the management of the company expects a significant increase in the number of services provided, as well as the number of customers served. Given that the company's clients are mainly foreign legal entities, direct result of the project is expected to be a significant increase in revenues from exports. In addition, with the purchase of the assets subject of the project will be achieved significant resource effectiveness and efficiency of the production process, due to the significant optimizations in the process of providing services - paper waste, reducing the amount of solid carrier used by the company for its daily work . As a result of the abovementioned optimizations which will lead to expansion of activities and increased production capacity, the company's management expects a number of positive financial results-generated export earnings as a result of the investment project by more than 25%, increased efficiency of production costs by over 17 % increase in productivity with over 42% at an internal rate of return above 16%. The financial ratios defined in the business plan attached to this Application form determine the investment project as efficient and profitable.
Overview
Status | Closed (completion date) |
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Start date | 29 Mar, 2016 |
End date | 10 Nov, 2016 |
Contract date | 29 Mar, 2016 |
Programme
Beneficiary
Financial information
Total cost | 700,392.83 |
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Grant | 490,274.98 |
Self finance | 210,117.85 |
Total paid | 490,138.21 |
EU participation percent | 85.0% |
Location