Improvement of production capacity in IBG - PLAST Ltd

The project aim is to increase the productivity and the export potential of "IBG Plast" Ltd. Its implementation will improve the market presence of SMEs in the area of the Dolni Chiflik and Byala LIG, optimize the production processes and increase the production capacity of the enterprises. At present, the company has reached a full workload and is unable to accept orders to produce new products, as well as to increase the capacity of its current production due to outdated equipment. Successful implementation of the project will enable the introduction of technologies to optimize and increase total productive investment through effective and efficient use of production factors and the development of opportunities for adopting and adapting European and international knowledge and technologies. The main project activity is aimed at supply, installation and commissioning of modern technologies and equipment for production of high quality products in compliance with the European norms and requirements. As a result, the potential for production and export of high added value products will be increased and competitive, efficient and efficient production will be ensured, ensuring sustainability and good economic impact for the company. Through the new technologies introduced will be improved the production process , will be achieved higher production , will be reduced production costs and will be optimized the production chain . Through the successful implementation of the project will be achieved the Sustainable and Intelligent Growth on the territory of the Dolni Chiflik and Byala LIG. It is expected that will be enhanced the competitiveness and growth capacity of the local economy by promoting technological development and innovation and sustainable management and development of local resources.

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Overview

Status Closed (completion date)
Start date 21 Nov, 2019
End date 10 Jul, 2020
Contract date 21 Nov, 2019
View in UMIS

Beneficiary

Financial information

Total cost 389,300.17
Grant 350,370.17
Self finance 38,930.00
Total paid 350,181.00
EU participation percent 85.0%

Location