Improving the capacity of "PAYNER" Ltd. for sound recording

The main objective of the project is "Improve the capacity of PAYNER Ltd for sound recording and music publishing". Our specific objectives are: 1. To improve the company's capacity in recording concerts; and 2. Strengthening the export potential of PAYNER Ltd. for studio sound recording. Specific objective 1 will be achieved through the purchase and commissioning of a live sound recording and playback system. To achieve Specific Purpose 2, we will deliver studio recording equipment with main component a live console and the required software for processing sound. This equipment will play a key role in enhancing the company's export potential for studio sound recordings of foreign musicians and the subsequent release and distribution of music products in our specialized stores and online. The expected results from the implementation of the project are: 1. Increased competitiveness and a better presence on national and foreign markets by increasing the volume of musical recordings issued and distributed by the company with 129%; 2. Increased productivity of the company with 15.09%; 3. Optimized production process in PAYNER Ltd. due to the increased flexibility for simultaneous recording of more performers; 4. Improved quality and characteristics of PAYNER 's recording equipment, allowing us to engage with foreign partners, leading to an increase in the unit prices of our core services and products. The project contributes to both the EU's horizontal policies on equality and non-discrimination, and Sustainable Development, as well as to ISSS Thematic Area 2. ICT and Informatics.

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