DRUCK N EOOD is fast growing company that offers its products on the local and the international market, mainly in the US. It annually designs and produces a wide range of printed advertising materials that successfully presents on professional exhibitions in the EU and in the US before a variety of customers. The growing demands renders the company look for new opportunities to introduce new production technologies in order to optimize the manufacturing processes, increase productivity and improve product quality. The Capacity Project creates market advantages for DRUCK N EOOD via commissioning a LED UV Drying System that automates lacquer application including special lacquer (embossed, with a variegated structure, gold clothed) on various media (hologram cardboard, PVC materials, self-adhesive materials, etc.) and adds new elements in the process that reduce production time by 60%, minimize lacquer application errors, as the total quantity input materials per unit of output is respectively decreased and improve the quality of the products offers by the company (various types of printed advertising materials) characterized by a marked compliance of the end products with the design created. The introduction of an innovative process falls in the scope of Creative and Recreational Industries New Technologies Topic under the Bulgarian Smart Specialization Strategy, and more specifically introducing an innovative process in the design of printed editions, more specifically design of printed editions by automated lacquer applications and visualization of the product models designed. The Capacity Project completion will enhance DRUCK N EOOD’s production capacity and competitiveness via output growth, manufacturing process optimization, productivity boost, production costs reduction, and products quality improvement, and will lead to global market customer base sustainable progress.
Overview
Status | Terminated (termination date) |
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Start date | 10 Feb, 2020 |
End date | 10 Feb, 2021 |
Contract date | 10 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 168,000.00 |
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Grant | 117,600.00 |
Self finance | 50,400.00 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location