Enhancing competitiveness and ensuring sustainable development of "KOSARA-R" Ltd.

"KOSARA-R" Ltd. is a proven leader in textile production on the Bulgarian market. Since its establishment in 1995 until now, the company produces high-quality production, implemented according to the best practices and the latest requirements of the sewing industry. The company does not stop expanding its business, and besides ladies' clothing, it already produces uniforms for schools, hotels and restaurants, as well as business clothing for employees of any sphere needing a high corporate identity. In recent years, the company has been following a steady increase in the volume of work and the number of customers and orders, but due to insufficient production capacity to meet market demand, production is almost entirely on the Bulgarian market. This determines the need for technological renewal, increased production capacities and the introduction of advanced manufacturing solutions to increase the efficiency and quality of production. In order to remain competitive on the market and continue its successful development not only locally but also at European level, the company plans to invest in modern and automated equipment to achieve higher productivity and optimize the process. The introduction of new high-tech equipment for cutting, sewing and ironing processes, allowing automated handling of heavy fabrics and complex patterns, will provide the company with the necessary technical resources to increase the capacity and efficiency of production and reduce production costs. The implementation of the project initiative will allow the company to fulfill larger volume orders and will enable it to produce intricate patterns garments characterized by greater added value, with the result that will result in: - enhancing the competitiveness of Kosara-P Ltd; - strengthening export potential; - increase in production capacity and net sales revenue with more than 30%.

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Overview

Status Closed (completion date)
Start date 24 Feb, 2020
End date 28 Mar, 2021
Contract date 24 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 909,909.00
Grant 636,936.30
Self finance 272,972.70
Total paid 605,089.49
EU participation percent 85.0%

Location