"Increasing the production capacity of PALINIKO Ltd. by purchasing high-performance technological equipment"

"PALINIKO" Ltd. is a company specialized in the production of all kinds of gears and shafts, casing parts, gearboxes, gear and belt gears. The company offers these services - repair of gearboxes, pumps and all kinds of actuators, machining of parts by client design. "PALINIKO" Ltd. offers repair and production of gearboxes and gears for export all over the world. The company has a rich machine park of universal machines, as well as specialized high performance machines with CNC control for gearing. The project proposal is related to the development of the competitive advantages of PALINIKO Ltd. and the creation of conditions for increasing the export potential through increased production capacity, based on improved efficiency and efficiency of the production processes, including improvement of the resource efficiency and improvement of the quality of the produced products. The project proposal is related to the following activity: Activity: "Improvement of production capacity of PALINIKO Ltd." The activity is related to investment in high-performance technological equipment "Horizontal CNC lathe" in order to expand the capacity of an existing business site, in the case of PALINIKO Ltd. The machining of the parts / shafts, axles, gear bushings, bushings, rings / with low-performance universal lathes, after the execution of the project will be done with the CNC Horizontal Lathe. The implementation of the activity is related to an investment in the purchase of a CNC Horizontal Lathe. For the realization of the investment there is a selection of a contractor for delivery and visualization of the project activities / with own funds /.

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Overview

Status Closed (completion date)
Start date 27 Feb, 2020
End date 27 Feb, 2021
Contract date 27 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 285,100.00
Grant 199,570.00
Self finance 85,530.00
Total paid 79,828.00
EU participation percent 85.0%

Location