Improvement of the production capacity in "YOTOV" Ltd.

"YOTOV" Ltd. is engaged in the production of lifting and transport machines - 28.22, and is specialized in the production of automated conveyor systems. 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 the enterprise by investing in high-tech production equipment, namely the purchase of 1 piece of Machining Center (FTA No. 1) and 1 piece of Three-axis Measuring Machine No 2) under the regional investment aid scheme, related to the expansion of the capacity of the existing economic object of the Candidate. The expected outcomes 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 production volumes, optimizing the production process, reducing production costs per unit of production, and improving of the quality of the products offered. The project is directly geared to equality and non-discrimination, as well as sustainable development.

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