Improvement of the production capacity of "VS - METAL COMPANY" AD

"V - METAL COMPANY" JSC was established in 1994. The main activity of the company is in the field of high - tech production of household non - electric appliances - fireplaces, stoves, chops and cooking appliances with economic activity code 27.52. For several years the company's production has been growing and at the moment "V - METAL COMPANY" AD is one of the largest manufacturers of fireplaces and solid fuel stoves in Southeast Europe. The factory is located in the town of Lukovit and provides employment to 75 people for 2020. The company has established its name over the years, relying on high quality and competitive prices. From the very beginning, the Zvezda brand has been associated with high quality products and excellent service. The management strives to constantly improve the quality of its products and to enrich the company's catalog with new models. This project is the basis for maintaining a stable presence on the market of high-end solid fuel stoves and fireplaces in Bulgaria, increasing the company's competitive advantages, expanding its position on the European market, increasing local employment and the possibility of higher incomes. and a better quality of life. The project proposal envisages investment in new, automated equipment to ensure fast and high-quality process of machining details of the main group of products - fireplaces and stoves, which will expand the production capacity of the applicant by improving the production process, resource efficiency and effectiveness, achieving high quality parts and reducing the time for their processing about 10 times. The equipment provided for the implementation of the project activities is standard for European manufacturers, but expensive for companies from Bulgaria. The current project is part of the investment program of the applicant, and the possibility for grant funding is crucial for the start of the project.

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