Increase of production capacity in Datavend Ltd.

The project proposal of DataVend Ltd. is the realization of an investment in order to improve the production capacity by developing and implementing 1 Mobile application - Software for monitoring the technical condition of installed self-service machines, as well as by purchasing 12 pcs. specialized appliances. The mobile application is intended for use by users associated with the operation of self-service machines, devices by aggregating or analyzing aggregate data, with increased production capacity combined with FTA. Buying tangible and intangible assets is essential for the overall improvement of the company's capacity, its successful presence on the domestic and foreign markets, by increasing the volume of production and realized production, optimizing the working processes, achieving higher productivity and improving the products offered. To overcome the constraints to the future development of the company, one main activity will be included: 1. "Activity to improve production capacity" Its successful realization will have a positive effect on the achievement of the project objectives: increasing the production capacity of the company, strengthening the export potential and expanding the positions of the local market. At the same time, the company will increase its productivity, increase its generated export earnings, improve the efficiency of production costs, which will result in an optimal return on the investment made. All requirements for visualization, publicity, information and communication will be met during the implementation of the project.

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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

Beneficiary

Financial information

Total cost 708,800.00
Grant 496,160.00
Self finance 212,640.00
Total paid 0.00
EU participation percent 85.0%

Location