Improving the production capacity of "TONI START - SILISTRA" through investment in new technological equipment

The expansion of the company's market share and the maintenance of sustainable competitiveness under the conditions of constant competitive pressure as well as the increasing consumer requirements in terms of quality and cost of products imply a continuous drive to improve the production processes. In order to achieve it, the implementation of this project is planned, aiming to icrease the production capacity of the enterprise and enhance its export potential. The investment project provides for activities to improve production processes and product offered, reduce production costs, reduce wastage and implement new value chain optimization solutions representing investments in fixed tangible assets. The project activities and expected results will contribute to effectively overcome the problems and constraints of the company's development and competitiveness, due to the lack of sufficient production capacity, the use of morally and physically obsolete equipment, high production costs and unsatisfactory production quality. The implementation of the new assets will automate and optimize the production process, which will reduce the production time of the products, respectively increase the quantity of units produced and shorten the deadlines for the execution of the orders. The realization of the project investments will ensure repeatability of the quality of the products, which will contribute to increase the consumer confidence and expand the market positions. At the same time, the released financial resource will be used to continue the technological renewal of production with enhanced application of innovative knowledge and skills, as is the long-term strategy of the company. The project has a term of execution of 12 months and has a total value of 335 000.00 BGN without VAT.

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Overview

Status Closed (completion date)
Start date 22 Dec, 2020
End date 22 Dec, 2021
Contract date 22 Dec, 2020
View in UMIS

Financial information

Total cost 335,000.00
Grant 234,500.00
Self finance 100,500.00
Total paid 0.00
EU participation percent 85.0%

Location