Improving the production capacity of NIKOS HRANINZHENERING Ltd.

The present project is related to investments in equipment and new technologies for increasing the production capacity and strengthening the export potential of machine-building company NIKOS HRANINZHENERING Ltd. The company is active in the high-tech production of machinery and equipment for the food and beverage industry. It is export-oriented and realizes over 90% of its production in foreign markets. An investment is planned in tangible and intangible assets that will expand the production capacity of the enterprise and improve production processes. It will overcome problems in the bottlenecks of production, save basic resources, eliminate manual labor, and improve the quality of finished products. The project envisages increasing production for the domestic and foreign market and sustainable development of the company.The project proposal falls within the thematic area "Mechatronics and Clean Technologies" of Innovative Strategy for Smart Specialization, 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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