This project is aimed at improving the production processes, increasing the production capacity and affirming the export potential of fashion house “JUNONA” through investment in delivery, installation and start-up of modern technological sewing equipment for automation of the production process in the company’s production facilities, located in the town of Dimitrovgrad. “Junona – Katya Geneva” Ltd. company was established in 2000 by Mrs. Katya Geneva, who is the sole owner of the capital, manager of the company and chief fashion designer of the fashion house. The company's activity is related to the production and sale of ladies’, children's, as well as stage wear. With its unique style, fashion house “JUNONA” managed to take the leading position on the Bulgarian market and to export women's and children's attire to Russia, Portugal, Cyprus, Greece, England, etc. The implementation of the project will help achieve a number of priorities which are part of the medium- and long-term business strategy of the company, namely: increased production capacity through higher degree of automation of the production process; improving the quality and at the same time – optimising the overall production costs as well as reducing the unit cost of production; expanding the market positions in the national and international market; increasing the number of employed and improving the quality of employment in the enterprise; increasing the resource effectiveness and efficiency of the production process. The implementation of the project will help overcome a number of problems facing the company, namely insufficient productivity, limited capacity for improvement of the characteristics of the company products, unsatisfactory level of automation of the production process, high production waste, etc.
Overview
Status | Closed (completion date) |
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Start date | 24 Feb, 2020 |
End date | 24 Feb, 2021 |
Contract date | 24 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 338,775.13 |
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Grant | 203,265.08 |
Self finance | 135,510.05 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location