Founded in 2008, the company "Kayf" Ltd. manufactures quality knitwear and seeks to respond to the new trends and high customer demands. The enterprise has two production bases – the main one in Petrich and a second one in Pleven, where the project will be implemented. The main project objective in front of the enterprise is to increase its competitiveness and capacity by improving its energy efficiency. To remain competitive to the market and continue its successful development, within Element A the company plans to implement an energy efficiency measure - investments in energy-efficient equipment, thereby reducing production costs and achieving higher performance. The project activities include replacing the obsolete equipment used at the key stages of production with a new higher-end knitting machine - 5 pcs., which is characterized by high energy efficiency and production capacity. As a result of the introduction of the new equipment the company will achieve a reduction in energy consumption, capacity expansion, reduction in costs, in the ammounts of waste products, as well as an aquired ability to work with waste or recycled yarn. In Element B the use of advisory services for the implementation and certification of energy management systems according to the requirements of BS EN ISO 50001 is envisaged. This activity will contribute to improving the energy balance, increase efficiency and obtain a competitive advantage through lower energy consumption. The realization of the planned activities will result in: - Increased energy efficiency and competitiveness. Planned energy savings (PES) is 26.4%; - More resource-efficient and more environmentally-friendly knitting production processes; - Increased capacity and quality products. The cumulative effect of the project investment will ensure the sustainable development of the company "Kayf" Ltd. and will increase the company's competitiveness by improving the energy efficiency and capacity.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 21 Aug, 2017 |
| End date | 12 Mar, 2019 |
| Contract date | 21 Aug, 2017 |
Programme
Beneficiary
Financial information
| Total cost | 1,220,000.00 |
|---|---|
| Grant | 863,300.00 |
| Self finance | 356,700.00 |
| Total paid | 739,850.49 |
| EU participation percent | 85.0% |
Location