Improving the production capacity of TISINA LTD

This project proposal was initiated by a small enterprise from Dryanovo, which produces parts and components for machines with wide application. The company has closed the production process, which involves casting the parts in its own foundry and additional machining to the final dimensions specified by the customer. There is a material investment in assets that will expand the production capacity of the enterprise and improve production processes. It will overcome problems in the bottlenecks of production, save basic resources, eliminate manual labor, and improve the quality of finished products. The project envisages increasing production for the domestic and foreign market and sustainable development of the company. The project proposal falls within the thematic area "Mechatronics and Clean Technologies" of ISIS because it includes investments in automated and software assisted management systems with application in production. The investment will provide improved production capacity across the enterprise and achieve process rhythm. This will provide a higher added value for an enterprise that expects a growth in net sales revenue, an increase in export earnings, and an increase in productivity. When implementing the project, horizontal policies for equality and non-discrimination will be respected and environmental sustainability will be achieved.

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Overview

Status Closed (completion date)
Start date 20 Feb, 2020
End date 20 Feb, 2021
Contract date 20 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,071,000.00
Grant 749,700.00
Self finance 321,300.00
Total paid 233,317.00
EU participation percent 85.0%

Location