Improving the production capacity of Hardtech Ltd.

In the conditions of growing competition, Hardtech Ltd. faces problems and limitations such as: insufficient capacity; limited performance and low values ​​of basic technical parameters of manufactured products. The reason is that part of the technological equipment is obsolete and physically worn out. The use of manual labor and the lack of state-of-the-art technological equipment in some production stages hinder the optimization of the cost structure of production and the improvement of its resource efficiency. To successfully fight on international markets, the company must quickly and successfully resolve the above issues. Improving the production process and the quality characteristics of the products as well as improving the resource efficiency of production will be crucial for the future of Hardtech Ltd. Therefore, the company must promptly invest in modern and high-performance machines and equipment in order to increase its production capacity. The project proposal envisages the commissioning of high-tech automated equipment - Vertical automated line for metallization (galvanic coating) of printed circuit boards - 1 psc., directly related to the improvement of the production capacity, the labor productivity and the technical indicators of the manufactured products. The commissioning of the line will optimize the production process by reducing manual labor and automatically controlling the operations. The production times will be shortened, resource will be more efficiency used, because of reducing the amount of consumables and electricity needed to produce every unit. The efficiency and productivity of labor will be increased, thanks to decreasing man-hours for the production of a unit product. The successful realization of the project will ensure the preservation and expansion of the export volume on the one hand, and on the other will attract new demanding key clients on the domestic market.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 03 Feb, 2020
End date 25 Mar, 2021
Contract date 03 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 980,000.00
Grant 686,000.00
Self finance 294,000.00
Total paid 684,540.50
EU participation percent 85.0%

Location