Improvement of production capacity in ASTRA AGRO Ltd.

"ASTRA AGRO" Ltd. is engaged in the production of machines for agriculture and forestry with the code KID-2008 - 28.30 and is specialized in the production of machines for agriculture and forestry. The applicant needs to respond to increased consumer demand with full production capacity as well as to increase the quality and competitiveness of its production and to expand its position in national and international markets. The enterprise exploits morally and physically outdated FTAs ​​to implement production processes that lead to low productivity, high production costs, poor quality of manufactured products, need for optimization of the production process, and lack of sufficient production capacity to meet market demand volumes . In order to meet these needs, the project is aimed at carrying out an activity to improve the production capacity of the enterprise by investing in high-tech production equipment, namely Automatic feed pouring machine (FTA No. 1) - 1 piece, CNC lathe feed gear (FTA №2) - 1 piece, CNC lathe (FTA № 3) - 2 pieces, CNC turning center (FTA №4) - 1 piece, CNC milling center (FTA №5) - 1 piece, Radial Drill machine(FTA №6) - 1 piece, Column Drill machine (FTA №7) - 2 pieces in the regional investment aid regime, related to the expansion of the capacity of the existing economic object of the Candidate. The expected outcomes of the project are related to improving the production capacity and competitiveness of the enterprise, increasing its export potential by achieving higher productivity and increasing production volumes, optimizing the production process, reducing production costs per unit of production, and improving of the quality of the products offered.

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Overview

Status Closed (completion date)
Start date 15 Dec, 2020
End date 15 Dec, 2021
Contract date 15 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 313,380.00
Grant 219,366.00
Self finance 94,014.00
Total paid 0.00
EU participation percent 85.0%

Location