Improving the production capacity of 4D - PLOVDIV LTD by introducing new production equipment

4D - PLOVDIV Ltd has difficulties in carrying out its activity related to the lack of sufficient production capacity. The project proposal envisages the supply of installation of automatic cutting and bending knives die forms and formation of making knives die forms. The investment will not only increase the capacity and productivity, but will also optimize the production processes and increase the competitiveness of the enterprise. The project envisages the following activities: 1. Support for generic 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 European and international knowledge and technologies. The activity is aimed at: - increasing productivity; - effective and efficient use of factors of production, by introducing new technology to improve resource efficiency and effectiveness - Improving the production processes by investing in fixed assets - introduction of leading technology solutions by introducing technologies to reduce the consumption of natural resources; - expanding production by improving existing products; - diversification of activities by diversifying the portfolio of the enterprise; 2. Information and publicity activities. 4D - PLOVDIV 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 4D - PLOVDIV LTD, by increasing the productivity and export potential of the enterprise. The project will improve the market presence of 4D - PLOVDIV Ltd on the territory of local initiative group by implementing technology to improve the manufacturing process and reduced production costs and an optimized production chain.

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Overview

Status Closed (completion date)
Start date 03 Jul, 2018
End date 10 Dec, 2019
Contract date 03 Jul, 2018
View in UMIS

Beneficiary

Financial information

Total cost 285,000.00
Grant 199,500.00
Self finance 85,500.00
Total paid 199,196.97
EU participation percent 85.0%

Location