Improvement of the production capacity in KOMAND Ltd.

"KOMAND" Ltd. has the subject of activity "Manufacture of metal working machines" with code KID-2008 - 28.41, and is specialized in the production of metal working machines. The applicant needs to respond to increased consumer demand with full production capacity, to improve the quality and competitiveness of its production, to expand its position on national and international markets. The company exploits old technologies and equipment to implement production processes that lead to low productivity, high production costs, poor quality of manufactured products, need for optimization of the production process, and lack of sufficient production capacity to meet market demand volumes. In order to meet these needs, the project is aimed at implementing an activity to improve the production capacity of the enterprise by investing in high-tech production equipment, namely the purchase of 1 piece Laser Cutting Machine (FTA №1) and 1 Mach Processing Center FTA №2), under the regional investment aid scheme, related to the expansion of the capacity of the existing economic object of the Candidate. The expected results of the project are related to improving the production capacity and competitiveness of the enterprise, increasing its export potential, achieving higher productivity and increasing production volumes, optimizing the production process, reducing production costs per unit of production, and improving of the quality of the products offered. The project is directly geared to equality and non-discrimination, as well as sustainable development.

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Overview

Status Closed (completion date)
Start date 13 Feb, 2020
End date 14 Jan, 2021
Contract date 13 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 404,000.00
Grant 282,800.00
Self finance 121,200.00
Total paid 279,510.00
EU participation percent 85.0%

Location