"NTS Select" ST is registered with the decision of the Pleven District Court on 20.12.1990. The company carries out activities in the field of experimental–production, engineering areas and application of new technologies, development, design, construction and testing of new products, materials and other. The main activities of "NTS Select" ST are: 1.Manufacture of instruments and apparatus for measuring, verification, testing and navigation - they are placed on the market with registered trademark - a sign – an authentication of mark with Reg. № 54017 / from 10/02/2006 - Class 9. 2.Mechanical processing of metals 3.Development and production of innovative products for special purposes Activities to be implemented under this project proposal are focused on increase of production capacity, improvement of the manufacturing processes, diversifying the range of products and services, reducing the cost of external services, the resumption of exports and increase of resource efficiency in the directions "Manufacture of instruments and apparatuses for measuring, testing and navigation" and "Mechanical treatment of metals". They will be realized through investments via Tangible fixed assets and Intangible fixed assets by purchase of the following: 1.Lathe milling/cutting/center 2.Laser cutter 3.Measurement machine The expected results of the implementation of the project activities are: Improvement of quality of production Winning of external markets Decrease of cost price of products Expanding the nomenclature of articles and services Development, absorption rate and manufacture the new details and units Increase of production capacity Increase of revenues from sales Reduction of cost price for products Increase of the added value of products In the long run, the realization of the project proposal will result in sustainable growth of "NTS Select" ST by constantly increasing the company's competitiveness and production capacity.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 10 Dec, 2020 |
| End date | 10 Dec, 2021 |
| Contract date | 10 Dec, 2020 |
Programme
Financial information
| Total cost | 713,500.00 |
|---|---|
| Grant | 499,450.00 |
| Self finance | 214,050.00 |
| Total paid | 0.00 |
| EU participation percent | 85.0% |
Location