Kanak Ltd. is a modern, dynamically developing enterprise specializing in the design, modeling and production of die shapes. The company has high-tech machines and equipment with qualified staff and experienced designers. Kanak Ltd. strives to develop its product range so that it meets the ever higher requirements of the national and international market. Expansion of technology production capabilities play a significant role in the implementation of enterprise development plans. Despite its steady development over the years, Kanak Ltd faces a number of difficulties, mainly related to limited production capacity. Because of the heavy workload of existing equipment, the plant does not have free production capacity. Kanak Ltd. has competitive constraints due in particular to the lack of sufficient production capacity. Current production capacity does not allow the company's planned strategic goals to be met - expanding the enterprise, entering new markets, increasing sales revenue. In order to overcome these problems and improve the production capacity of the enterprise in order to increase its competitiveness and increase its export potential, the present project proposal provides for the following activities: 1. Activity to improve the production capacity of Kanak Ltd. The project falls under the category of "expanding the capacity of an existing business site" and the envisaged investments are directly related to activities to improve the production capacity of Kanak Ltd. As a result of the implementation of the project proposal, the competitiveness and the export potential of Kanak Ltd. will be increased by increasing the production volume, optimizing the production process, achieving higher productivity, improving the products offered.
Overview
Status | Closed (completion date) |
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Start date | 10 Dec, 2020 |
End date | 10 Dec, 2021 |
Contract date | 10 Dec, 2020 |
Programme
Beneficiary
Financial information
Total cost | 486,354.00 |
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Grant | 340,447.80 |
Self finance | 145,906.20 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location