"VES and TON" Ltd. is subject of activity "Manufacture of other special purpose machines, not classified elsewhere" KID code - 2008 - 28.99 and specializes in the manufacture of special purpose machinery and equipment used in the medical and military industries , machine parts and measuring equipment. The applicant needs to respond to increased consumer demand with full production capacities, to improve the quality and competitiveness of its production, to expand its position on national and international markets. The company exploits old technologies and equipment to implement production processes that lead to low productivity, high production costs, poor quality of manufactured products, need for optimization of the production process, and lack of sufficient production capacity to meet market demand volumes. In order to meet these needs, the project is aimed at implementing an activity to improve the production capacity of the enterprise by investing in high-tech production equipment, namely the purchase of 1piece Milling machine, a regional investment aid scheme, related to expanding the capacity of The existing project outcomes are related to improving the production capacity and competitiveness of the enterprise, increasing its export potential by achieving higher productivity and increasing the volume of production, optimizing the production process, reducing production costs per unit of production, and improving the quality of the products offered. The project is directly geared to equality and non-discrimination, as well as sustainable development.
Overview
Status | Closed (completion date) |
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Start date | 14 Feb, 2020 |
End date | 17 Mar, 2021 |
Contract date | 14 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 1,666,000.00 |
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Grant | 749,700.00 |
Self finance | 916,300.00 |
Total paid | 749,513.16 |
EU participation percent | 85.0% |
Location