Improving production capacity and increasing exports of Kirkovo Ltd

The project aims to increase the competitiveness and production capacity of Kirkovo Ltd. and to increase the export potential, resulting in an improvement in the market presence of the company. At the present, the company has reached its full production capacity and is unable to accept orders to produce new and larger products, as well as to increase the capacity of its current production. The successful implementation of the project will enable the introduction of technologies to optimize and improve the production and technological processes, achieve higher productivity, reduce production costs and optimize the production chain. The main project activity is focused on the delivery, installation and commissioning of modern technologies and equipment for production of higher quality products and complying with the European norms and requirements, as well as the delivery of 2 forklifts. As a result, the potential for production and export of high added value products will be increased and competitive, efficient and efficient production will be developed to ensure sustainability and good economic impact for the enterprise and to increase employment. Innovative technologies will also improve resource efficiency, increased production capacity and product quality, good management and logistics systems, and new business models and practices. This project proposal falls under the thematic area "Mechatronics and Clean Technologies" of the ISS 2014-2020.

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Overview

Status Closed (completion date)
Start date 07 Dec, 2020
End date 07 Dec, 2021
Contract date 01 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,615,000.00
Grant 969,000.00
Self finance 646,000.00
Total paid 387,600.00
EU participation percent 85.0%

Location