Improving the production capacity of LEADER MAG Ltd.

Leader MAG Ltd. provides with this project proposal to realize investments for the purchase and commissioning of modern high-performance machines for improving the production capacity and strengthening the export potential. Investments are needed to ensure sustainable growth, added value and continue to build competitive high-tech production, ready to respond to Industry 4.0 challenges. In recent years, there has been a significant increase in demand for company products, both at national level and by foreign customers. In 2018, the company started to export the company's production, with the potential and expectations in the coming years to increase exports significantly. One of our main clients at the national level are companies from the Trakia Glass group and Yula Glassworks. In connection with increasing demand for our products, it is necessary to purchase new equipment, which will significantly increase the production capacity of the company and satisfy the industrial demand for high quality company products.  Purchased machines will result in the following results for the company: greater competitiveness, improved production capacity, increased export potential. The machines that will be purchased during the implementation of the project are: - 5 - center processing center - 1 pcs; - processing center - 1 pcs. The implementation of the project will also lead to the following additional results: increased production quality, reduced cost, reduction of scrapped products, improvement of resource efficiency and reduction of repair costs, subcontracting equipment leasing, production equipment servicing.

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Overview

Status Closed (completion date)
Start date 03 Feb, 2020
End date 03 Feb, 2021
Contract date 03 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,070,000.00
Grant 749,000.00
Self finance 321,000.00
Total paid 674,100.00
EU participation percent 85.0%

Location