„Improvement of the production capacity of „PARKS - MM“ LTD.“

"PARKS-MM" Ltd. is a company specialized in the production of components and details for machine building, according to individual project and customer specification.The company has technological possibilities for milling, turning, drilling of accurate holes, accurate measurement of linear dimensions etc. According to NACE - 2008, the activities of the company fall within code 28.29 "Manufacture of other general-purpose machinery nec". The production base of PARKS-MM Ltd. is located in the town of Blagoevgrad and is equipped with modern and high-tech machines, ensuring speed, efficiency and precision of work.While the good technical provision of the production, the company faces the serious challenge to respond adequately to the continuous The current production capacity of machine components and parts (67,000 in 2017 at 100% load) is insufficient and slows the company's development. With the implementation of this project, the available machines will be complemented by 1 high-performance 5-axis universal machining center, which will lead to: 1. Increasing the production capacity with more than 1 300 pcs. details / monthly (16,500 per year); 2. Increasing the export potential of PARKS-MM Ltd. It is planned that 70,000 pieces of finished parts will be realized on the foreign markets, thus the investment will lead to an increase of the average export revenues by over 22% compared to the weighted value of exports for the period 2015-2017; 3. Productivity gains by 22.94%; Within the framework of the project activities are foreseen for the selection of a supplier (in accordance with the procedure described in the Guidelines for the Implementation of OPIC Contracts 2014-2020, ZUESEF and CMD No. 160 / 01.07.2016), delivery, installation and putting into operation of the machine. The total value of the investment is BGN 557 411,55, excluding VAT. The planned duration of the project is 12 months.

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Overview

Status Closed (completion date)
Start date 03 Feb, 2020
End date 01 Mar, 2021
Contract date 03 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 557,411.55
Grant 390,188.09
Self finance 167,223.46
Total paid 390,188.09
EU participation percent 85.0%

Location