Improvement of the production capacity in order to increase the competitiveness and the export potential of MULTICOMMERCE Ltd.

The present project is aimed at purchasing and commissioning of a 5-color offset printing machine + varnish that will expand the capacity of Multicommerce Ltd. printing house, as a result of which the company will be able to produce more from all of its product groups: catalogs, promotional materials, boxes/packaging and calendars. The new offset printing machine will optimize and improve the efficiency of the production process printing; reduce the cost prices of the company's production; improve the quality of manufactured products and overall development of production capacity. The company's printing productivity will be increased from 20 000 sheets per hour to 35 000 sheets per hour as a result of the implementation of the project. The project is under the thematic area "New Technologies in Creative and Recreational Industries" of the Innovation Strategy for Smart Specialization, priority "Cultural and Creative Industries" because it concerns the implementation of the design of creative products.

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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 1,071,427.14
Grant 749,999.00
Self finance 321,428.14
Total paid 0.00
EU participation percent 85.0%

Location