VENTONI COSMETICS Ltd. is the subject of activity "Production of perfumes and toiletries" with code KID-2008 - 20.42 and is specialized in the production of cosmetic products. 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 purchasing 1 piece Vacuum Homogenizing and Dispersing Machine and 1 piece Automated Tube Filling Machine in Regional Investment aid related to expanding the capacity of the applicant's existing business site. The expected results of the project are related to improving the production capacity and competitiveness of the enterprise, increasing its export potential by achieving higher productivity and increasing the volume of production, optimizing the production process, reducing production costs per unit of output, and improving 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) |
|---|---|
| Start date | 03 Feb, 2020 |
| End date | 17 Mar, 2021 |
| Contract date | 03 Feb, 2020 |
Programme
Beneficiary
Financial information
| Total cost | 535,000.00 |
|---|---|
| Grant | 374,500.00 |
| Self finance | 160,500.00 |
| Total paid | 374,486.00 |
| EU participation percent | 85.0% |
Location