Increase of production capacity in XoXo Kristen Ltd.

Xo Xo Kristen Ltd. specializes in the production of small paper products designed for private and corporate events such as birthdays, weddings, seasonal and corporate events. (sector related to Intensive Knowledge Services: J58 "Publishing") falling within the priority areas of ISSS "Mechatronics and Clean Technologies", in the Bulgdrian South-Central Region, town Pazardzhik. Currently, with its own available production capacities, the applicant reaches its maximum production capacity and operates in a full load mode, in a situation of growing demand for products. It is foreseen, with the help of Operational Program Innovation and Competitiveness and in accordance with the objectives of the measure, to create a new business unit (a new different production unit) that is spatially, functionally and organizationally separated, characterized by a high degree of autonomy, positioned in the Pazardzhik region. The new site will produce products that are the subject of the applicant's main economic activity and are produced in another economic site (Sofia) The technological evolution of mechatronics (mechanical processing with the computer control of CNC machines, including the Automatic Printed Circuit Printing System) is the basis on which the applicant has stepped in the selection of assets that are detailed and justified in item 7 " Activity to improve production capacity ". Through this activity, the main objective of the project will be fulfilled - the improvement of the production capacity in order to increase the competitiveness and increase the export potential. Expected results (indicators): 1. Increasing the production capacity by achieving high productivity (growth by 19.6%), production decrease costs, improvement of the products offered; 2. Increasing the export potential (growth over 157%); 3. Net revenue growth of over 151% by increasing the volume of production; 4. High rate of net return of the investment made over 15.12%;

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Overview

Status Terminated (termination date)
Start date 19 Mar, 2021
End date 19 Mar, 2022
Contract date 19 Mar, 2021
View in UMIS

Financial information

Total cost 390,460.45
Grant 273,322.31
Self finance 117,138.14
Total paid 0.00
EU participation percent 85.0%

Location