Improving the productivity and ensuring the sustainable market competitiveness of ZMM-Zlatograd JSC

ZMM-ZLATOGRAD JSC is a company, established in 1981 and specialized in the production of metal-working machines, equipment for metal-cutting machines and construction and production of profiling machines. Most of the production covers individual orders according to a specified customer specification. In recent years it has become more and more difficult to meet the high demands of our customers due to the lack of high-tech production equipment. The current technically outdated machines are also a restriction to the possibility of expanding the volume and offer of new products. As a major challenge, we are also faced with the increasing complexity of the customer's technology assignments, which implies precise 3D design, higher requirements for precision and flexibility of the elements and complete automation of processes in the produced machines. Taking into account the development market trends in the high-tech sector - production of machines and equipment with special purpose, ZMM-ZLATOGRAD identifies the need to modernize its production assets. The project will be implemented through the following complex of activities eligible under the present procedure: Improvement of the production processes, Diversification of product range and Implementation of new technologies to improve the resource efficiency in the enterprise. As a result of these activities we are expected to achieve the following outcomes: Increasing in productivity by an average of 37% compared to 2017; Raising the efficiency of production costs by 4.6% on average by 2017; high quality of production, optimization of the production chain, increase the number of customers, revenue growth and export. The project activities and the expected results will help to overcome the problems and constraints on the development and growth of the enterprise and increase its competitiveness. The project duration will be 16 months. The total value of the investment is 360000 BGN and the grant is 324000 BGN.

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