Improvement of production capacity in "INFOVIZION" Ltd.

"INFOVIZION" Ltd. is a printing house with main economic activity C 18.12 Printing of other publications and printed products.The main stages of the production process cover pre-press;exposure and imposition; printing and finishing processes. The main objective of the project is to improve the production capacity of the enterprise in order to increase its competitiveness and its export potential. The main object of the project is the implementation of an initial investment in FTA, connected with the expansion of the existing business facility and leading to the creation of prerequisites for production of more than the currently produced products. The project will be implemented through the implementation of the Action for Improving the Production Capacity of the Applicant / Part 1, 2 and 3/, within which the following FTA required for the implementation of the project will be acquired, leading to improvement of the production capacity and expansion of the capacity of the existing business site: One-sided printing knife - 1 pc. and Folding machine - 1 pc. Through the project realization, the obstacles to the competitive development of the enterprise and its export activity and potential due to the following factors will be successfully overcome: -use of old technologies and equipment to implement production processes; - high production costs and the need for optimization of production chains; - Lack of sufficient production capacity to meet market demand volumes; - lower quality of the produced products. The investments in tangible fixed assets will directly lead to improvement of production capacity through: improvement of production processes, incl. achieving higher productivity and increasing the volume of produced products; reduction of production costs; improving the offered products . As a result of this, the main objective of the project will be achieved, which corresponds directly to the purpose of procedure BG16RFOP002-2.040.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 27 Feb, 2020
End date 08 Dec, 2020
Contract date 27 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 286,000.00
Grant 200,200.00
Self finance 85,800.00
Total paid 179,277.00
EU participation percent 85.0%

Location