THIS REQUIREMENT: Currently, Elena Ivanova - 68 Sole Trader is experiencing production constraints due to lack of technology for its own corrugated cardboard production, which is the main raw material for the production of finished products offered by the company - transport packages made of paper and cardboard. The delivery of corrugated cardboard by external suppliers causes undesirable consequences for the company, such as higher production costs, reduced productivity, delays in customer requests, high relative share of production margins in batches of corrugated cardboard of lower quality and inability to maintain good its name on the national market, as well as to realize its export potential. In this connection, the company is in need of introducing technology for own production of its main raw material - corrugated board to overcome the described problems. Under the project will be implemented an ACTIVITY FOR IMPROVING PRODUCTION CAPACITY of the enterprise by acquiring and putting into operation of Corrugated cardboard production line. The activity is aimed at: - improvement of production processes, - reduction of production costs, - improvement of the products offered, and its implementation will result in meeting the company's stated need and improving processes throughout the entire production chain. The implementation of the project will lead to the fulfillment of its OVERALL OBJECTIVE: enhancing competitiveness and enhancing the export potential of the enterprise. EXPECTED RESULTS from project implementation: 1) Increasing Productivity; 2) Increase in net sales revenue; 3) Starting export activity and generating export earnings. The project activities are consistent and contribute to the implementation of horizontal policies for equality and non-discrimination and sustainable development.
Overview
Status | Terminated (termination date) |
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Start date | 02 Mar, 2020 |
End date | 02 Mar, 2021 |
Contract date | 02 Mar, 2020 |
Programme
Beneficiary
Financial information
Total cost | 558,468.00 |
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Grant | 390,927.60 |
Self finance | 167,540.40 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location