Improving the production capacity in "Tedison holding" LTD

"Tedison Holding" LTD was established in 2005 in Ruse. The company carries out its main economic activity in the NACE code 22.29 Manufacture of other plastic products. The main products are details of automotive filters. Our main client is A. L. filter - through them our production reaches the European market. The main idea after the project implementation is the company to realise export itself. Advances in technology development and the growing demands for higher quality of manufactured products determine the need for the enterprise to improve its efficiency and expand its production capacity. The abovementioned problems for the development of the enterprise can be solved by being supported from this procedure. With the realization of the project, high productive and effective assets will be introduces in the production, that will support the enterprise and will have stimulating effect on its development and competitiveness. This project proposal is initiated by the need to improve the production capacity of the company. The support from the procedure will impact more efficient production, expanding the capacity of the company, as well achieving a better financial result. The above-identified outcomes will be achieved through the introduction of new, highly efficient production equipment. 1. Increase in export earnings. 2. Increase in net sales revenue. 3. Increasing enterprise productivity.

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Overview

Status Closed (completion date)
Start date 20 Feb, 2020
End date 20 Feb, 2021
Contract date 20 Feb, 2020
View in UMIS

Financial information

Total cost 384,842.00
Grant 269,389.40
Self finance 115,452.60
Total paid 188,572.58
EU participation percent 85.0%

Location