Improvement of production capacity in Spyro

The main scope of activity of SPYRO Ltd. is: KID 2008 - 16.24 16.24 Production of wood packaging, the company specializing in the production of euro pallets, wooden crates and riding sports equipment for extreme climbing. The project "Improvement of production capacity in Spyro" will be purchased machines related to the production process of the company, which will lead to the expansion of the capacity of an existing business site. Through the implementation of the SPYRO Ltd. project, it will be able to produce a larger number of euro pallets, as well as sports facilities for extreme climbing, and the production will be significantly better than the currently offered.The implementation of the project "Improving production capacity in Spyro" will not change the basic production process but will only increase the capacity of the products offered by the company. Acquired tangible assets under the Spiro Production Improvement Project will aim at improving the production processes in the company as well as improving the products offered, improving and accelerating the cutting processes of the boards from which manufactures our products, and to improve the quality of these products. The equipment acquired through the project will lead to an improvement in the production capacity of the company as the implementation of the project will greatly extend the technical resources, which will provide the opportunity to produce (produced) a larger number of euro pallet as well as sports facilities from for extreme climbing to existing customers and to potential customers.

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Overview

Status Closed (completion date)
Start date 04 Mar, 2020
End date 04 Mar, 2021
Contract date 04 Mar, 2020
View in UMIS

Beneficiary

Financial information

Total cost 670,000.00
Grant 469,000.00
Self finance 201,000.00
Total paid 422,046.45
EU participation percent 85.0%

Location