Improving production capacity in FEERIYA - 98 Ltd.

"Feeriya - 98" Ltd. is a small enterprise whose activity is directed to the production of decorative color cosmetics - nail polish, powders, fondant, lipsticks, toilet water, etc. The main production of the company is directed to the foreign market, with exports accounting for over 70% of the total production. The company continually invests in improving production processes to meet the current production trends in the cosmetics industry 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 of an existing business unit through optimization of production processes, which is an investment in fixed assets - Automatic filling machine for lipstick - 1 item and Machine for filling of spiral, liquid lipstick and fond-de-ten - 1 piece. 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 for the production of colored cosmetics, the need to improve part of the production processes due to obsolete technologies , poor quality of part of the details put into the final products, high production costs, and limitations on expanding the product range. The activity of the project refers to the basic code of economic activity of the company 20.42 Production of perfumes and toiletries. The project also falls under the priorities of this procedure, related to thematic prioritization and sustainable development.

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