Improvement of production capacity in SIMARO LTD

The main activity of SIMARO Ltd. is the production of metalworking machines. The company specializes in the production of gas, plasma and laser machines. In fulfillment of its main objective, namely to be a modern, constantly developing and adequate market oriented company, increasing its competitiveness and continuously increasing export potential, the management team of SIMARO Ltd. aims at improving the production processes by searching for the best methods for this. The main needs of the company are related to increasing production capacity and export potential. Satisfaction of both needs is one of the main goals of the project. By implementing the planned project to improve production capacity, it will be possible to achieve the overall goal of the project. The main performance results are expected to improve the production process and increase production capacity and strengthen the export potential of the company. To achieve the results of the project, CNC lathe - 1 pc. and CNC hydraulic press - 1 pc. will be purchased.

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Overview

Status Closed (completion date)
Start date 01 Dec, 2020
End date 01 Dec, 2021
Contract date 01 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,001,000.00
Grant 700,700.00
Self finance 300,300.00
Total paid 0.00
EU participation percent 85.0%

Location