"Improvement and automation of production process of Pirin Invest Group Ltd."

The aim of this project proposal is to increase production capacity of the applicant and enhancement export capacity of Pirin Invest Group Ltd. through acquisition of the following activity: Activity for improvement of the production capacity of Pirin Invest Group Ltd. The main instrument for the implementation of this activity, is buying two new high-tech machines: 1. 4 color printing die‐cutting IR drying machine; 2. Automatic flexo printer, rill and slotter, rotary die-cutter, folder and gluer machine. The project is implemented in the field of Mechatronics and pure technologies of the Innovation strategy for smart specialization, because buying the new machines will lead to introduction of a modern production systems for efficient resource utilization and a maximum reduce of the waste in Pirin Invest Group Ltd. The new equipment will provide continuous and consistent production process. All this will give the opportunity for the company to provide production with improved features , which will fully meet customers’ requirements. Furthermore, will be answered to the high quality corrugated packaging demand , with high export potential. As a result the company will build strong competitive advantage which will result in the generation of greater return of the capital. More specifically, with the implementation of this project, the following results will be achieved: • Improving production processes; • Increasing production quantity; • Increasing the export potential of Pirin Invest Group Ltd.; • Reduction of manual labour used in production; • Improving the production capacity of the enterprise.

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Overview

Status Closed (completion date)
Start date 17 Feb, 2020
End date 17 Feb, 2021
Contract date 17 Feb, 2020
View in UMIS

Financial information

Total cost 549,000.00
Grant 384,300.00
Self finance 164,700.00
Total paid 109,453.08
EU participation percent 85.0%

Location