Improving production capacity in CONTINUUM TECHNOLOGY LTD

CONTINUUM TECHNOLOGY Ltd. is a micro enterprise that produces the following product groups: - Filtration installations - cyclone separators, dry air / particulate cleaners (filters), wet / air cleaners / scrubbers; - Mills and installations for crushing, grinding and grading (fractionation according to particle size) of different types of materials. The marketing strategy of the enterprise is mainly directed at the external market where the high requirements for product quality and lead times determine the need for new production capacities. To be competitive on external markets, our business needs to take action to improve production processes. To achieve its development goals, CONTINUUM TECHNOLOGY Ltd plans to implement the current project, including the purchase of 4 tangible fixed assets, which will directly contribute to the expansion of the company's capacity and to increase the export revenues. The following actions are planned to be implemented as a part of this project: 1 / Activity to improve production capacity. The expected economic impact of the implementation of the project: Increase in net sales revenue by 77.68 %; Increase productivity by 18.60 % and Change in average export earnings by 77.68 %.

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Overview

Status Closed (completion date)
Start date 11 Feb, 2020
End date 14 Mar, 2021
Contract date 11 Feb, 2020
View in UMIS

Financial information

Total cost 714,000.00
Grant 499,800.00
Self finance 214,200.00
Total paid 124,600.00
EU participation percent 85.0%

Location