EVROKVART Ltd. is a company established in November 2006, which actively works in the metal processing industry by producing metal products for livestock breeding, farms, garden and hunting, designed for hobby and leisure. The products offered are cages and feeders for birds, rabbits, domestic and wild animals, bird traps, pests and predators, egg laying poles, etc. The company continually invests in improving production processes to meet current industry trends 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 for improvement of production capacity through optimization of production processes, which is an investment in fixed tangible assets for purchasing Punch machine - 1 pc., Electric abcant - 1 pc. and Grinding machine - 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 obsolete technologies, manual labor, the quality of part of the components used in the final products, high production costs and the limitations of expanding the product range. The activity of the project refers to the basic code of economic activity of the company 25.99 - Manufacture of other non-assembled metal products. The project also falls under the priorities of this procedure, related to thematic prioritization and sustainable development.
Overview
Status | Closed (completion date) |
---|---|
Start date | 02 Mar, 2020 |
End date | 11 Feb, 2021 |
Contract date | 02 Mar, 2020 |
Programme
Beneficiary
Financial information
Total cost | 1,071,000.00 |
---|---|
Grant | 749,699.99 |
Self finance | 321,300.01 |
Total paid | 749,469.00 |
EU participation percent | 85.0% |
Location