Improvement of production capacity and export potential of Bonner Ltd.

The present project is related to investments in equipment and new technologies for increasing the production capacity and strengthening the export potential of the machine building company BONNER Ltd. The company is active in the high-tech production of machinery and equipment for the food and beverage industry. It is export-oriented and realizes a large part of its production in foreign markets. There is an investment in tangible assets that will expand the plant's production capacity 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 22 Dec, 2020
End date 22 Dec, 2021
Contract date 22 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,665,000.00
Grant 999,000.00
Self finance 666,000.00
Total paid 0.00
EU participation percent 85.0%

Location