Neutech LTD is a newly registered company, which has set the ambitious goal of being among the innovators in Bulgaria in the field of mechanical processing of metal, metal parts and components. In achieving the high goals set, the company will rely on the experience and expertise of the Entrepreneur and members of the applicant's team on the one hand, and on the other hand will rely on the high added value of investing in new specialized equipment. With a view to the successful penetration of a highly competitive market, a market research will be developed and software will be acquired to monitor and analyze the prices offered by competitors to assist the start-up firm in establishing it on the market. The equipment envisaged to be purchased under the project will allow the application of modern and innovative work methods in the sector of mechanical processing of metal and metal parts in the country. In our work, we plan to apply the "metal pulling" technology by using a CNC metalworking machine that allows the processing of various metal components such as parts and wheels for cars and agricultural machinery, bottoms for boilers, household goods / metal pots, trays, buy and so on. The technology allows the machining of ferrous and non-ferrous metals as a method of processing cones, hemispheres, trays, cans, pressure vessel bottoms, lids, reflectors for lighting fixtures and much more. The newly-registered enterprise will develop its main economic activity in the sectors related to overcoming European and regional challenges - C25.62 "Mechanical Metal Processing".
Overview
Status | Closed (completion date) |
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Start date | 28 Aug, 2019 |
End date | 28 Feb, 2021 |
Contract date | 28 Aug, 2019 |
Programme
Beneficiary
Financial information
Total cost | 249,950.00 |
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Grant | 199,960.00 |
Self finance | 49,990.00 |
Total paid | 78,977.10 |
EU participation percent | 85.0% |
Location