Improving production capacity in „EQUITY FORCE” Ltd.

The following project will be implemented under the terms of the regional investment aid scheme and represents an initial investment to expand the capacity of an existing production plant of EQUITY FORCE. The project is focused on production of magnetic and optical media, which is the main code of economic activity of the company. Integrated card personalization system - 1 pc. will be purchased. It will increase the production capacity of the company, reduce the cost of production, increase the quality of personalization of the products and improve the efficiency of the card personalization operation. This project is under thematic area "New Technologies in Creative and Recreational Industries", priority "Creative Industries with Design Focus" by the Innovation Strategy for Smart Specialization (ISSS). Personalization of cards is an extremely creative process and a process that is responsible for the design and appearance of a card. Card design by personalization is an artistic activity and planing the way a card looks like to enhance its aesthetic value as well as its technical design and shaping and increase its functional value. The project is fully in line with the EU's horizontal policies, namely: 1) Equality and non-discrimination - promoting equal opportunities for all, including accessibility for people with disabilities through mainstreaming of the principle of non-discrimination; 2) sustainable development - supporting projects that contribute to environmental protection and mitigation and adaptation of climate change.

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Overview

Status Closed (completion date)
Start date 07 Dec, 2020
End date 07 Dec, 2021
Contract date 07 Dec, 2020
View in UMIS

Financial information

Total cost 665,000.00
Grant 465,500.00
Self finance 199,500.00
Total paid 0.00
EU participation percent 85.0%

Location