Pepper Plus Company was established in 2001. Its main activity is the production of paper envelopes and packaging for food products and plastic packaging intended for the food industry. The company has the necessary printing, gluing and cutting machines, but in order to increase its productivity and improve its market position, it needs to improve its production capacity. This project proposal aims precisely at enhancing the competitiveness and export potential of PAPER PLUS Ltd. by investing in improving the production capacity. The envisaged project activities are: Action 1 "Support for generic production investments to improve production capacity for growth through effective and efficient use of production factors (to be implemented by purchasing 1 production machine) Action 2 "Project Information and Publicity" The total value of this project proposal is BGN 388,276.42. The expected direct results from the implementation of the project are: - Increase productivity by 11%; - Increase in export revenue by 29%; - Increasing the efficiency of production costs by 15%; - Reduction of the resources used in the enterprise; - Preserving current and creating new jobs; The expected long-term results from the implementation of this project are related to: 1 / Enhancing competitiveness through embedded technology to improve the production process, achieve higher productivity, reduce production costs and optimize the production chain, respectively increase value added. 2 / Improving the capacity to work in intensively competitive international markets, increasing competitiveness by improving, maintaining and guaranteeing the quality of the products realized and providing objective quality guarantors.
Overview
Status | Closed (completion date) |
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Start date | 27 Feb, 2019 |
End date | 01 Mar, 2021 |
Contract date | 27 Feb, 2019 |
Programme
Beneficiary
Financial information
Total cost | 388,276.42 |
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Grant | 349,448.78 |
Self finance | 38,827.64 |
Total paid | 347,337.00 |
EU participation percent | 85.0% |
Location