Improvement of the production capacity and strengthening of the export potential of Iliev Korekt Ltd

This project proposal will create the necessary prerequisites for improving the production capacity and increasing the export potential needed to ensure sustainable growth, added value and competitive production of various PVC profiles and joinery (doors, windows, etc.). The project is aimed at obtaining financial support from Iliev Korekt Ltd. (a small PVC and PVC joinery producer but with a potential for fast growing market share) for investments in FTA related to the expansion of the capacity of an existing business site in Shumen. Target groups of clients are construction companies and households, as well as commercial companies for joinery, with needs of a variety of high quality (including high class) PVC profiles. Iliev Korect Ltd. has well-established commercial channels at national and European level. In connection with the planned expansion of the activity as a result of the increased demand for the produced products, Iliev Korekt EOOD needs additional technological renovation, expanding the machine park by purchasing an Automatic Glass Cutting Line 1 pc. (to be installed in PVC profiles and joinery) and Atomic Line for the production of glass units 1, which is a function of the first, incorporating the respective technological equipment to provide optimal technical and functional characteristics for optimization of the main part of the production chain . The project proposal includes activities to optimize production processes by investing in the necessary assets needed to reduce production time and improve production capacities. As a result of the implementation of the investment plan, it is envisaged to increase the competitiveness of the enterprise, increasing the production capacity and increasing the export potential of the applicant by purchasing high-tech production lines leading to better financial results.

Comments