Growth capacity for MONOLIT 1994 LTD

The company was founded in 1994 and over the years has successfully developed its activities in the production of marble, granite and travertine. The good market performance and the success of the company over the past 20 years are determined primarily from investments in advanced technologies huge product diversity, the correct management and the established lasting partnership relations with foreign partners from France, China, Greece, Spain, Italy, India, Brazil, Turkey. The company develops its main economic activity in one of the groups of economic sectors defined in the National Strategy for Promotion of Small and Medium Enterprises 2014-2020. It is envisaged through the project to be implement activity for improvement the production capacity of the company by purchasing new technological equipment - Automatic machine for cutting under 45 degrees. The planned investment is aimed at improving the production processes, reducing production costs and improving the products offered, as the Automatic machine for cutting under 45 ° is designed to process thin plates of material, incl. It can be used for utilization of residual materials. The need for planned activity is determined by increasing product range and limited production capacity of existing equipment for for processing of thin plates, which prevents the increase in production and puts us unable to meet all orders. The technological equipment envisaged for purchase has been selected in order to be used to produce a larger and more diverse volume of products. Expected results are related to increasing the competitiveness of the company and its more successful presence in the national and foreign markets by increasing the production volume, optimizing the production processes, achieving higher productivity, reducing the production costs, improving the products offered.

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Overview

Status Closed (completion date)
Start date 24 Feb, 2020
End date 24 Feb, 2021
Contract date 24 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 950,000.00
Grant 665,000.00
Self finance 285,000.00
Total paid 0.00
EU participation percent 85.0%

Location