Improvement of the production capacity of TS Ltd by purchasing new production equipment.

The project proposal provides for the purchase of new modern equipment: - Plasma cutting portal machine - 1 pc. - Inverter welding machine - 1 pc. The present project envisages the introduction of new technologies for the improvement of the production process, which is an investment in FTA related to the expansion of the capacity of the existing business site. With newly purchased equipment, productivity will increase, manual work will be reduced, and more accuracy and speed will be achieved when cutting materials. The new machines will improve the quality of the produced products, which in turn will lead to an increase in individual orders. The project activities and the expected results will contribute to effectively addressing the problems and constraints of the company's development and competitiveness, due to the lack of sufficient production capacity, the use of outdated technologies and high production costs, as well as the lower quality of the produced products and the impossibility of expanding the range. The project is worth BGN 350 168 without VAT with a term of execution of 12 months. The venue will be Pleven, "Bulgarian Aviation" Street 1.

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Overview

Status In execution (starting date)
Start date 03 Feb, 2020
End date 03 Feb, 2021
Contract date 03 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 350,168.00
Grant 245,117.60
Self finance 105,050.40
Total paid 220,563.00
EU participation percent 85.0%

Location