Investments for improving the production capacity and increasing the export potential of NatureBase JSC.

NatureBase JSC. is specialized in the production of essential oils with KID code 2008 - 20.53 and is specialized in the production of extracts of essential oils. 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 enterprise exploits old technology and equipment based mostly on manual labor to implement production processes that lead to low productivity, high production costs, poor quality of the products produced, need for optimization of the production process and lack of sufficient production capacity to satisfy market search 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 the CO2 Extraction Line of Essential Oils - 1 number in the regional investment aid regime, related to expanding the capacity of the existing business site of the applicant. 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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