"Bularmas" Ltd. is a company that produces metal products, mainly for the military industry. The company's production is characterized as mainly medium-sized and large-sized. The current project proposal is aimed at improving the production process and increasing the production capacity, optimizing production costs and improving the quality of products. The main challenges the company is facing are: outsourcing of important technological operations (co-operation); long production time for one piece, due to the successive technological operations of different machines and the physical movement of the parts from one workstation to another. All this leads to less efficient production, limited production capacity, the impossibility to accept larger orders to be produced in a short deadlines, increasing the cost of the final product, which directly reflects on finding customers and expanding the market positions of the company and respectively an increase in revenues from the core business and exports. To overcome these identified challanged, the company needs to purchase the following high-performance tangible assets: -Programmable Y axis and Hydraulic Lift -Programmed lathe with Y axis and mechanical lance -Sprint automaton for Polymers -Spectrometer -Shoot for sharps to test for impact strength -Tricordined measuring machine Electromechanical frame for mechanical tensile and compressive load. The selected machines will reduce the number of technological operations performed on different machines by focusing them into one machine, eliminating technology outsourcing, improving production efficiency, increasing productivity, and revenue from exports, thereby improving the market performance and competitiveness of the company. Through implementation of the project, the company will expand the capacity of an existing business site in town of Kilifarevo.
Overview
Status | Closed (completion date) |
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Start date | 24 Feb, 2020 |
End date | 27 Apr, 2021 |
Contract date | 24 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 1,208,547.00 |
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Grant | 725,128.20 |
Self finance | 483,418.80 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location