Improving production capacity in "Dragolovi" Ltd.

"Dragolovi" Ltd. is headquatered in Sliven and exists since 2002. The main products produced by the company are floor siphons and siphon grids. To date, "Dragolovi" Ltd. has the main and sole economic activity of "Manufacturing of other metal products, not classified elsewhere" with code NACE BG 2008 - 25.99. The product list of the company includes more than 30 types of siphons and grids. The output is mainly for the domestic market, with orders from neighboring countries in recent years. Dragolovi Ltd. operates 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 machines, and some of them are already significantly depreciated. The main objective of the project is to improve the production capacity and export potential of Dragolovi Ltd. as a producer of linear and floor siphons and siphon grids to contribute to improving the competitiveness and sustainable financial and economic development of the company. The goals will be achieved by purchasing a Fiber Laser Cutting Machine with high technological capabilities and performance. The production process in an enterprise is dependent on constraints resulting from the low technological level - outdated technological capabilities with limited work speed and capacity, inability to execute large orders in short terms, high production costs. 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 production. The project is implemented in one of the thematic areas of ISIS (Innovative Strategy for Intelligent Specialization), namely: Mechatronics and Clean Technology.

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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

Beneficiary

Financial information

Total cost 450,000.00
Grant 315,000.00
Self finance 135,000.00
Total paid 0.00
EU participation percent 85.0%

Location