Increasing the competitiveness of Automobile Component Bulgaria Ltd. through effective and efficient use of production factors

"Automobile Component Bulgaria" Ltd. was established in 2000. The main business of the enterprise is manufacturing of car components and parts. The production base is located in the town of Svilengrad. Strategically, the company aims to achieve sustainable growth, achieving and maintaining a high level of competitiveness. Through the implementation of the current project, the company will fulfill a large part of its objectives and activities in its strategic plan: - Modernization of production processes through the introduction of technologies to improve the production process, achieve higher productivity in line with market needs, reduce production costs and optimize Production processes; - Achieving greater efficiency by increasing added value and improving product quality; - Opening up new jobs. The activities under this project proposal will lead to an increase in the production capacity of the enterprise by purchasing modern machines, which will improve the quality of finished products, increase labor productivity, optimize production costs, increase the resource efficiency of processes and improving safety at work. During the implementation of the project the following machines will be delivered and put into operation: 1. Industrial router - 1 pc. 2. Automatic machine for boxes - 1 pcs. As a result of the deployment of the new equipment, some of the processes in the production line will be optimized - improved production quality, lower production costs, shorten production time, improved efficiency and productivity, added value - key factors to increase the competitiveness of the enterprise.

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Overview

Status Closed (completion date)
Start date 18 Dec, 2019
End date 18 Dec, 2020
Contract date 18 Dec, 2019
View in UMIS

Financial information

Total cost 388,045.50
Grant 349,240.95
Self finance 38,804.55
Total paid 0.00
EU participation percent 85.0%

Location