Expansion of production capacity of "Mad-FAMILY" Ltd. through investments in new fixed assets

The current project proposal aims production capacity improvement in MAD Familia Ltd through supply, installing, testing and operating of the following fixed asset: 5-axis machining center - 1 piece The project based activity is in the initial investment category for expanding the production capacity of the current already existing manufacturing base of MAD Familia Ltd through technological equipment resulting in optimizing the manufacturing processes within the company. The main activity of MAD Familia Ltd is the following: Manufacture of special purpose machinery and equipment – production of multifunctional industrial robots: - Automated LPG bottles Filling System - Automobile gas filling device - Hydraulic block This equipment will ensure the manufacturing mechanical operations. The production capacity improvement within the company will have the following effect: - Improving the company’s competitiveness; - Boosting the export capacity of the company’s production; - Increase of the volume of the company’s products; - Optimizing the manufacturing process; - Productivity growth; - Reducing the product cost; - Improving the production quality; - Increasing the resource efficiency through reduced energy- consumption and technological scrap; Buying and installing the new equipment will affect the manufacturing process within the company to be in accordance with the EU horizontal policies for equality and sustainable development as: - environmental protection by reducing noise, vibration, production waste and carbon emissios; - Increasing the resource efficiency through reduced energy–consumption, time-saving technology processes and reduced production scrap.

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