Improving production capacity in BELVI COMMERCE Ltd.

"Belvi Commerce" Ltd. is a company established in 2008 and specialized in the production and trade of electrical materials and equipment. The company continually invests in improving production processes to meet the current production trends in the electrical and construction industries as well as the dynamics and development of consumer demand and requirements. The present investment project has as its main objective to improve the production capacity of the company by optimizing the production processes and enhancing the export potential. The project is related to the expansion of the capacity of the existing business site and will be accomplished through the following activities eligible under this procedure: - Activity to improve production capacity through optimization of production processes, which is an investment in fixed tangible assets - Technological line for bending and molding, turning and milling of electric panels and street lighting poles - 1 pc. and Technological line for drilling and assembling of electrical panels - 1 pc. With the successful realization of the project activity and the achievement of the expected results, the company will be able to overcome the problems and constraints to its development related to the lack of sufficient production capacity, the need to improve part of the production processes due to the use of obsolete technologies, of the details of the finished products, high production costs and limitations on the expansion of the product range. The activity of the project refers to the basic code of economic activity of the company 27.90 - Manufacture of other electrical equipment. The project also falls under the priorities of this procedure, related to thematic prioritization and sustainable development.

Comments
Leave a comment

Overview

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

Beneficiary

Financial information

Total cost 491,590.00
Grant 344,113.00
Self finance 147,477.00
Total paid 0.00
EU participation percent 85.0%

Location