Growth capacity for Colori 2005 Ltd.

The company "Colori 2005" Ltd was founded in 2005 with main activities production of sunscreen products - blinds and awnings. The company has set up its own retail network across the country, and our manufacturing base is situated in Plovdiv. The constant increasing of product range with new models blinds and awnings, and the increasing diversity of textiles and colors required construction of new production and storage facilities in early 2015. Logical extension of the corporate strategy is investments for improving productive capacity and increasing the export potential of the company. 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. The main project activity is aimed at increasing the capacity of an existing economic object. It is envisaged through the project to be implemented activity for improvement the production capacity of the company by purchasing new technological equipment. The planned investments are aimed at improving the production processes, reducing production costs and improving the products offered. The need for planned activity is determined by increasing product range and limited production capacity of existing equipment, 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 and models of blinds. 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 07 Dec, 2020
End date 07 Dec, 2021
Contract date 07 Dec, 2020
View in UMIS

Beneficiary

Financial information

Total cost 1,059,200.00
Grant 741,440.00
Self finance 317,760.00
Total paid 0.00
EU participation percent 85.0%

Location