The project aims to improve the production capacity of ALMOTT ltd. The investment component of the project envisages investing in high technology equipment. 1. LINE FOR ELECTRICAL MACHINES INSTALLATION 2. CNC Lathe Machine 3. Vertical CNC processing center 4. CNC processing center The acquired fixed assets will increase the production capacity of the enterprise and will help to improve the production quality. The production of complex products with high added value will be launched. Energy efficient production system will be implemented due to the high quality equipment that is intended to be purchased. As a result of the project a new generation of highly efficient electrical machines that have been developed by Almott will be implemented. The machines are intended to work as high output alternators, motor alternators, traction motors for electric and hybrid vehicles and various types of electric machines.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 17 Feb, 2020 |
| End date | 22 Apr, 2021 |
| Contract date | 17 Feb, 2020 |
Programme
Beneficiary
Financial information
| Total cost | 541,066.00 |
|---|---|
| Grant | 378,746.20 |
| Self finance | 162,319.80 |
| Total paid | 376,683.99 |
| EU participation percent | 85.0% |
Location