Unicoms Ltd. was founded in 2008 with main activity "Lighting Design and Production". Since 2012, it has been producing LED modules of its own design that it uses in its products. In the highly competitive market environment and growing market, we are faced with the challenge of taking advantage of the favorable environment to expand our market positions and conquer new ones by responding to increased consumer demand for LED modules and lighting fixtures, with limited resources to finance new capacities and technologies to increase production capacity and optimize production processes to reduce production costs. This determines the OBJECTIVE of the project: "Increasing the competitiveness and the export potential of Unicoms Ltd. by improving the production capacity". In order to achieve the goal, an activity will be carried out to improve the production capacity of Unicoms Ltd. by purchasing a LED module production line. The planned investments within the activity are aimed at increasing production volume and reducing production costs. The expected results from the implementation of the project are related to increasing the production capacity, enhancing the export potential, and improving the market presence of the company, which is a prerequisite for sustainable development.
Overview
Status | Closed (completion date) |
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Start date | 22 Dec, 2020 |
End date | 22 Dec, 2021 |
Contract date | 22 Dec, 2020 |
Programme
Beneficiary
Financial information
Total cost | 507,990.00 |
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Grant | 355,593.00 |
Self finance | 152,397.00 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location