Improving production capacity of Hydro Invest Consult Ltd.

"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process in the enterprise is dependent on problems and constraints resulting from the low technological level - outdated technological capabilities with limited throughput and capacity, inability to execute large orders in short time, high production costs, etc.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.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 24 Feb, 2020
End date 21 Dec, 2020
Contract date 24 Feb, 2020
View in UMIS

Financial information

Total cost 357,000.00
Grant 249,900.00
Self finance 107,100.00
Total paid 249,849.60
EU participation percent 85.0%

Location