“Improving the productive capacity of “UNITECH CO” Ltd.”

The firm “UNITECH CO” Ltd. was founded in 2007. Its activities include experimental production, engineering and research and development. From 2015 and forward the company is a private limited company, due to the employment of a partner in a state job. The main activity is the production of machines and equipment for the processing of foods, beverages and tobacco; mechanical processing of metals; development and production of components, assemblies and special-purpose machinery. The activities, envisaged for the execution of the current project proposition, are to improve the production processes, diversify the range of products and improve the resource efficiency. The search for manufactured goods of increasing quality is always rising and to be competitive “UNITECT CO” Ltd. has to continuously invest in new equipment. The expected results of the implementation of the project objectives are: the increase of the production capacity; the increase of the sales revenue; the increase of the resource efficiency; the decrease of the cost price of the manufactured goods; the increase the added value of the final product; the expansion of the market position of the company; the export of production; job creation. Implementation of project objectives is relevant to the economic development of the company, as the results will have an impact on overall development. “UNITECH CO" Ltd. will be able to reach high production quality and volume of production, for which the high performance of the new equipment and optimization of the manufacturing operations will help. Implementation of the planned activities will be invested in fixed assets to purchase "Universal lathe"-1pcs, "Universal milling Machine"-1pcs, "Surface Grinders"-1pcs and "Horizontal Band Saw"-1pcs. In the long term, the realization of the project proposition will lead to the achievement of permanent sustainable growth for "UNITECH CO" Ltd. and continuous improvement of the competitiveness of the company.

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Overview

Status In execution (starting date)
Start date 25 Mar, 2021
End date 25 Mar, 2022
Contract date 25 Mar, 2021
View in UMIS

Beneficiary

Financial information

Total cost 145,530.00
Grant 101,871.00
Self finance 43,659.00
Total paid 0.00
EU participation percent 85.0%

Location