ELIT TRACK Ltd. was registered in 2012 with a subject of activity trade in spare parts for heavy vehicles. In 2014 the production of high quality chemical liquids for motor vehicles started - antifreeze, wiper fluid, deionized water, hand cleaning paste, with the trademark "ELIT". In less than two years, the production activity becomes the main activity of the company. The main economic activity of ELIT TRACK Ltd is "Manufacture of other chemical products, not elsewhere classified" (NKID 2008 code - C 20.59).In connection with the expansion of the company's production activity and the increase in the volume of orders, it is necessary to purchase the following machines and equipment: - Machine for automatic dosing, filling and screwing of bottle caps - 1 pc. - Labeling head with stand - 1 pc. - Applicator system - 1 pc. - Machine for group packaging of products with stretch film - 1 pc. - Sterilizer-dryer - 1 pc. The investment under the project will take place on the territory of LIG Avren - Beloslav in the company's own production base, located in vilage Kitka, Avren municipality, Varna district. Expect the results from the implementation of the project proposal: - increasing the production capacity; - entering new international markets and sustainably consolidating current market positions; - increasing the efficiency of the resource efficiency of the production process; - increasing the competitiveness of ELIT TRACK Ltd; - improving the quality of manufactured products. The above will be achieved through the implementation of the following activities: Activity for improving the production capacity of ELIT TRACK Ltd. With the commissioning of the new equipment, net sales revenues will increase by more than 50%, productivity will increase by nearly 40%, production cost efficiency will increase by 35%, and regular direct exports of chemical products are expected to continue. products.
Overview
Status | Closed (completion date) |
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Start date | 14 Apr, 2021 |
End date | 14 Apr, 2022 |
Contract date | 14 Apr, 2021 |
Programme
Beneficiary
Financial information
Total cost | 183,590.00 |
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Grant | 165,231.00 |
Self finance | 18,359.00 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location