Improving the Competitiveness of "AMEK TOYS" LTD

The overall objective of the project is to: Improve the competitiveness of “Amek Toys” Ltd. by increasing productivity and enhancing the export potential of the enterprise. Specific goals of the project: 1. Improvement of the production processes, increased production capacity, expansion of market positions, including through diversification of the activity 2. Implementation of new technologies and methods to improve resource efficiency and effectiveness in the production process, resulting in increased labor productivity, positive environmental impact and increased value added production The objectives described will be achieved by implementing Action 1 of the project with a focus on: -Increase in productivity -Effective and efficient use of the factors of the production (human capital, natural resources and technology), through implementation of new technologies and methods to improve the resource efficiency and effectiveness in the production process -Improving production processes through investments in tangible fixed assets -Diversification of the activity through diversification of the company's portfolio and access to markets As a result of the implementation of the project "Amek Toys" Ltd. will achieve the following main results: 1. Improved production processes – 2 processes 2. Increased production capacity: 50,00% 3. Implemented production of new products- 3pcs. 4. Improved resource effectiveness and efficiency in the production process (by introducing 3 new technologies and 1 new method), as well as positive impact on the environmental protection Through the realization of the project, “Amek Toys” Ltd. will improve its competitiveness, will ensure a sustainable market presence at the most adequate cost-benefit ratio and will contribute to the achievement of the first and second strategic objectives and the specific objectives for OP "Innovation and competitiveness", as set in the Local Development Strategy of LIG-Maritza.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2018
End date 12 Apr, 2019
Contract date 20 Jun, 2018
View in UMIS

Beneficiary

Financial information

Total cost 260,062.00
Grant 182,043.40
Self finance 78,018.60
Total paid 181,479.20
EU participation percent 85.0%

Location