Improving the production capacity of "BEA VISION BUTTONS" EOOD through investments in new technological equipment

The expansion of the company's market share and the maintenance of sustainable competitiveness under the conditions of constant competitive pressure as well as the increasing consumer requirements in terms of quality and cost of products imply a continuous drive to improve the production processes. In order to achieve it, the implementation of this project is planned, aiming at increasing the production capacity of the enterprise and enhancing its export potential. The investment project envisages the implementation of activities for improvement of the production processes and the offered products, reduction of the production costs and introduction of new technological solutions for optimization of the value chain and closure of the production cycle, representing investments in fixed tangible assets. The project activities and expected results will contribute to effectively addressing the problems and constraints of the company's development and competitiveness, related to insufficient production capacity, high production costs, the need for external services and unsatisfactory quality of production. The implementation of the new assets will automate and optimize the production process, which will reduce the production time of the products, respectively increase the quantity of units produced and shorten the deadlines for the execution of the orders. The realization of the project investments will ensure repeatability of the quality of the products, which will contribute to increase the consumer confidence and expand the market positions. At the same time, the released financial resource will be used to continue the technological renewal of production with enhanced application of innovative knowledge and skills, as is the long-term strategy of the company. The project has a term of execution of 12 months and has a total value of BGN 258 000.00 excluding VAT.

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