Improving the Production Capacity of Compact Print Ltd

The project proposal aims at increasing the production capacity of "Compact Print" Ltd. by purchasing and putting into operation of tangible fixed assets for the purposes of the main company’s economic activity – production of printed products. Introducing and putting into operation new machines would overcome serious weaknesses in the production process related to the limited production capacity of the company to produce its products due to the lack of automation and optimal flow of the production process due to insufficient technological security with a new high performance equipment. The following investments in modern equipment are envisaged: Guillotine - 1 pc., Digital monochrome production system - 1 pc., Production color system - 1 pc., Duplicator - 1 pc and Printer for textile - 1 pc. Proposed investment in the enterprise would increase the production volume of printed products, improve and optimize the underlying production process, and would result in higher productivity and lower production costs. An increase in productivity, net sales revenue and export earnings will be ensured by putting into operation of the above listed assets. Technological conditions will be provided to increase the company capacity in producing high quality printed products from the assortment of manufactured products and to increase company’s export potential as a result of the project implementation, which will lead to a sustainable competitive presence on the national and world market. Proposed project is in line with the EU's horizontal policies and is implemented in the thematic field of the Innovative Strategy for Smart Specialization "New Technologies in Creative and Recreational Industries".

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Overview

Status Closed (completion date)
Start date 22 Dec, 2020
End date 22 Dec, 2021
Contract date 22 Dec, 2020
View in UMIS

Financial information

Total cost 521,647.00
Grant 365,152.90
Self finance 156,494.10
Total paid 0.00
EU participation percent 85.0%

Location