INTERCAR Ltd. is engaged in the production of lifting and transport machines with the code KID-2008 - 28.22 and is specialized in the production of controlled bridges for lifting 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 an enterprise by investing in high-tech production equipment, namely the purchase of a 1 piece CNC lathe with a feed augmentation device linked to the expansion of the existing business facility 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.
Overview
Status | Closed (completion date) |
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Start date | 03 Feb, 2020 |
End date | 09 Mar, 2021 |
Contract date | 03 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 213,800.00 |
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Grant | 149,660.00 |
Self finance | 64,140.00 |
Total paid | 149,030.00 |
EU participation percent | 85.0% |
Location