Improvement of production capacity in INTERCAR Ltd.

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.

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Overview

Status Closed (completion date)
Start date 03 Feb, 2020
End date 09 Mar, 2021
Contract date 03 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 213,800.00
Grant 149,660.00
Self finance 64,140.00
Total paid 149,030.00
EU participation percent 85.0%

Location