Improvement of the production capacity in ET BLAGOY ANGELOV - COLORADO

The main activity of ET BLAGOY ANGELOV - COLORADO is the production of furniture for bedrooms, living rooms and canteens (furniture and upholstered furniture). Pursuing its main goal, namely to be a modern, constantly developing and adequately market-oriented company, increasing its competitiveness and constantly enhancing its export potential, the management team of ET BLAGOY ANGELOV - COLORADO aims at improving the production processes as looking for the best methods for doing so. The main needs of the company are related to the increase of the production capacity and the export potential. Satisfaction of both needs is one of the main goals of the project. Through the implementation of the project envisaged for the improvement of the production capacity, it will be possible to achieve the overall objective of the project. The main results of the activity are expected to improve the production process and increase the production capacity and strengthen the export potential of the company. In order to achieve the project results Automatic Drilling Machine (1 pc.), CNC Automatic CNC Edge Machine (1 pc.) and Automatic Machine for CNC Cardboard Production (1 pc.) will be purchased.

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Overview

Status Closed (completion date)
Start date 07 Dec, 2020
End date 07 Dec, 2021
Contract date 07 Dec, 2020
View in UMIS

Financial information

Total cost 1,151,000.00
Grant 690,600.00
Self finance 460,400.00
Total paid 0.00
EU participation percent 85.0%

Location