Improvement of production capacity in BORIMA JSC

Borima JSC is specialized in production of electro-mechanical circuit breakers, electrical distribution boxes, as well as other plastic products for telecommunications. At present, with the available production capacities, the company reaches its maximum production capacity and operates in full work load mode of the available equipment. The acquisition of new equipment is necessary in order to increase the capacity of the enterprise and to ensure successful presence on national and foreign markets. In order to overcome the constraints to the development of the company, the following main activities are envisaged within the project: 1. Support for generic production investments to improve production capacity for growth through efficient use of production factors and by building up opportunities for adopting and adapting European and international knowledge and technologies. The activity is aimed at increasing productivity by improving the production processes by investing in fixed assets - Injection machine with a closing force of at least 90 t - 1 pc. 2. Awareness and publicity activities. All requirements related to the visualization of the project will be in compliance to The Unified Beneficiary Guide to Implement the Information and Communication Rules 2014-2020. The realization of these activities will have positive effect on achievement of the objectives regarding productivity improvement process, diversification of the product portfolio and realization of production in new markets. In addition, the company will increase its productivity in the molding of plastic parts for the final products; will increase its export earnings, will exploit its market potential and will increase the realization of products that will advertise the territory of the LAG. The efficiency of production costs will be improved which will result optimal return of the investment made.

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Overview

Status Closed (completion date)
Start date 10 Jan, 2020
End date 12 Oct, 2020
Contract date 10 Jan, 2020
View in UMIS

Beneficiary

Financial information

Total cost 97,408.11
Grant 58,444.87
Self finance 38,963.24
Total paid 58,380.00
EU participation percent 85.0%

Location