Improvement of production capacity in HYDROMARK LTD

The main activity of HYDROMARK LTD is the production of hoses with nozzles and sinks. Pursuing its main objective, namely to be a modern, constantly developing and adequately market-oriented company, increasing its competitiveness and constantly enhancing its export potential, the management team of HYDROMARK LTD aims at improving the production processes by looking for the best methods for doing this. The main needs of the company are to provide information on the needs of production capacity and export potential. Satisfaction of both needs must also be one of the objectives of the project. As a major part of the results, we expect data on production processes and increasing production capacity and strengthening the export potential of the company. To achieve the outcome of the project, a multifunctional two-spindle CNC lathe (1 pc.) and a CNC seal production system (1 pc.) will be purchased.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2020
End date 23 Dec, 2021
Contract date 23 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,030,000.00
Grant 721,000.00
Self finance 309,000.00
Total paid 0.00
EU participation percent 85.0%

Location