Investments in technological equipment to increase production capacity and increase export potential in "Astreya 91" Ltd.

This project proposal provides for the realization of an investment plan including purchase and entry into operation of production machines and technological equipment for the modernization of the machine fleet in order to improve the production capacity and increase the export potential needed to ensure sustainable growth, added value and competitive production of a wide assortment of sweets and pasta. The project proposal is aimed at receiving a financial contribution from Astreya 91 Ltd. for investments in long-term tangible asset - 7 pc., related to the expansion of the capacity of an existing business site. Target groups targeted by the project are well-established distribution companies, warehouses, exchanges and shops from the country and abroad, whose needs we aim to satisfy through our range of products (small sweets, cakes, rolls, pastes, pasta). Astrea 91 Ltd has well-developed commercial channels with rapidly growing needs of our products. In connection with the analysis of the production processes and the planned expansion of the activity as a result of the increased demand for the manufactured products, the company identifies the need of introducing additional production facilities and equipment, expanding the machinery park by purchasing 1 pc. Cake tray with filling, 1 pc. Sweet production line, 2 pcs. Turbo mixer - aerator, 1 pc. manually operated electric forklift with platform for the operator, 2 pcs. handed electric low lift truck. The project envisages the following results as a result of the realization of the investment intention: increasing production capacity, productivity, adding qualitative characteristics to our products, enhancing export potential, leading to better financial results, sustainable growth and expanding market positions national and international level.

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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

Beneficiary

Financial information

Total cost 834,700.00
Grant 500,820.00
Self finance 333,880.00
Total paid 0.00
EU participation percent 85.0%

Location