Improving the production capacity of TONAL LTD

This project proposal includes investments to improve production capacity, reduce production costs, optimize and enhance quality in TONAL EOOD, which should satisfy market demand volumes and realize economical production. There is an investment in tangible assets that will expand the plant's production capacity and improve production processes. It will overcome the bottlenecks in production, speed up the process, save basic resources, eliminate manual labor, and improve the quality of finished products. The project envisages an increase in production and sustainable development of the company. The project proposal falls within the thematic area "Mechatronics and Clean Technologies" of ISIS because it includes investments in automated and software assisted management systems with application in production.The investment will provide improved production capacity across the enterprise and achieve process rhythm. This will provide a higher added value for an enterprise that expects a growth in net sales revenue, an increase in export earnings, and an increase in productivity. When implementing the project, horizontal policies for equality and non-discrimination will be respected and environmental sustainability will be achieved.

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Overview

Status Closed (completion date)
Start date 19 Mar, 2021
End date 19 Mar, 2022
Contract date 19 Mar, 2021
View in UMIS

Beneficiary

Financial information

Total cost 545,000.00
Grant 381,500.00
Self finance 163,500.00
Total paid 0.00
EU participation percent 85.0%

Location