Improving production capacity in Stovi 1 Ltd

STOVI 1 Ltd. experiencing limitations in terms of competitiveness, due mainly to the need for optimization of production processes and the lack of sufficient production capacity to meet market demand volumes. The project proposal envisages the following activities: 1. Support for general production investments to improve production capacity for growth through effective and efficient use of production factors and by building up opportunities for adopting and adapting to European and international knowledge and technologies. The activity is aimed at: - to increase productivity; - effective and efficient use of production factors through the introduction of new technology to improve resource efficiency and effectiveness in the production process; - improving production processes through investments in fixed assets; - introduction of leading technological solutions through the introduction of technology to reduce consumption of natural resources; - expanding production by improving existing products; - Diversification of the activity through diversification of the company's portfolio; The activity will be accomplished by purchasing a Thermal Plate Exposure and Expression Facility including a Thermal Plate Exposure Module and an Exposure Module Module. 2. Activities for information and publicity. STOVI 1 Ltd. will implement appropriate measures for publicity and information according to the rules of Annex XII to Regulation (EU) No 1303/2013. The implementation of the activities will increase the competitiveness of STOVI 1 Ltd., by increasing the productivity and export potential of the enterprise. The project will improve the market presence of STOVI 1 Ltd. on the territory of local initiative group by implemented technology to improve the manufacturing process, reduce production costs and optimized production chain.

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