Improvement of production capacity in TIVEX LTD

The main activity of TIVEX LTD is the production of general purpose machinery. In this activity the company includes the production of mechanisms and non-standard equipment. Pursuing its main objective, namely to be a modern, constantly developing and adequately market-oriented company, increasing its competitiveness and constantly enhancing its export potential, the management team of TIVEX Ltd. aims at improving the production processes by looking for the best methods for doing so. The main needs of the company are related to the increase of the production capacity and the export potential. Satisfaction of both needs is one of the main goals of the project. Through the implementation of the project envisaged for the improvement of the production capacity, it will be possible to achieve the overall objective of the project. The main results of the activity are expected to improve the production process and increase the production capacity and strengthen the export potential of the company. In order to achieve the results of the project Fiber Laser (1 pc) will be purchased.

Comments
Leave a comment

Overview

Status In execution (starting date)
Start date 10 Feb, 2020
End date 10 Feb, 2021
Contract date 10 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 319,000.00
Grant 223,300.00
Self finance 95,700.00
Total paid 176,400.00
EU participation percent 85.0%

Location