Increasing the production capacity in "Euromet" Ltd., by purchasing new technological equipment

EUROMET Ltd. develops its activity in the field of production and trade with materials, spare parts and machines for metallurgy, energy, mining and mining and machine building. The production base of the company is at peace in the town of Radomir, the industrial zone VETPROM, district 192. The company produces welded and metal structures up to 12 tons, parts and assemblies for elevators and conveyors, steel spare parts for metallurgy, power engineering, mining and quarrying, machine building and cement industry.The current project of the enterprise is aimed at increasing the production capacity and strengthening the export potential of EUROMET Ltd. By investing in the purchase of long-term tangible assets, the production processes will be optimized and the quality of the existing production will be improved. In order to achieve its main objective, the company plans to purchase: - electro-hydraulic abcant - 1 pc. - multifunction hydraulic cut-off machine with 5 workstations - 1 pc. The introduction of the machinery will lead to an increase in the quality of existing products, an increase in production capacity, an increase in sales revenue, an increase in market share and an increase in export earnings, a reduction in production margins and a reduction in the amount of waste. The optimization of the production processes in the enterprise will contribute to the improvement of the production quality in the long term. By delivering, assembling and commissioning new high-tech machines, the company's competitiveness and resource efficiency and efficiency will increase. With the project manager, EUROMET Ltd. aims to create technological and production conditions for increasing the production capacity, offering and processing of mass and smaller series of metal products, improving the productivity and quality of the products.

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Overview

Status Terminated (termination date)
Start date 22 Dec, 2020
End date 22 Dec, 2021
Contract date 22 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 203,174.00
Grant 142,221.80
Self finance 60,952.20
Total paid 0.00
EU participation percent 85.0%

Location