"Hydro Invest Consult" Ltd. was founded in 2014. It is headquartered in the town of Kazanlak and its main activity is the repair of hydraulic and pneumatic equipment for road construction equipment. The company carries out repairs mainly on the domestic market, having in recent years inquiries and orders for customers from Germany and France. The enterprise carries out its activity in its own production buildings, where there are sections for the main stages of the technological processes. Each of the stages is secured by the respective machinery and equipment, and some of them are already significantly depreciated. The main objective of this project of "Hydro Invest Consult" Ltd. is to improve its production capacity and export potential, as a performer of hydraulic and pneumatic repair works, which contributes to increasing the competitiveness and sustainable financial and economic development of the company. The objectives set by the company will be achieved through the purchase of a CNC Sealing System with high technological capabilities and productivity. The production process in the enterprise is dependent on problems and constraints resulting from the low technological level - outdated technological capabilities with limited throughput and capacity, inability to execute large orders in short time, high production costs, etc. With the implementation of the project, the company plans to significantly increase its competitiveness through productivity gains and an increase in net sales revenue, incl. increase in average export earnings. As a final result of the investment, production capacity will be improved through improved production processes, optimized production costs and guaranteed high quality outputs. The project is implemented in one of the thematic areas of ISIS (Innovative Strategy for Intelligent Specialization), namely: Mechatronics and Clean Technology.
Overview
Status | Closed (completion date) |
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Start date | 24 Feb, 2020 |
End date | 21 Dec, 2020 |
Contract date | 24 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 357,000.00 |
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Grant | 249,900.00 |
Self finance | 107,100.00 |
Total paid | 249,849.60 |
EU participation percent | 85.0% |
Location