Increasing the competitiveness and production capacity of Alpha Kotton Ltd. by investing in high-tech and energy-efficient equipment

The applicant under this procedure is Alpha Kotton OOD, from the village of Marikostinovo, Petrich Municipality, producing clothing, underwear, and accessories. The project aims are enhancing the competitiveness and achieving sustainable growth through improving energy efficiency and expanding the production capacity. These aims will be achieved through carrying out the following activities: ∙ Purchasing new production equipment, as per eight measures recommended in the energy audit. ∙ Introducing and certifying an energy monitoring system as per the requirements of Standard BSS EN ISO 50001:2011. The investment in energy-efficient equipment with higher productivity to replace the obsolete cutting and sewing equipment will contribute to reducing energy consumption, expanding the capacity and reducing the operation and maintenance costs. The introducing and certifying of an energy monitoring system under ISO 50001 will contribute to improving the management and control of the company’s energy use, will increase the resource efficiency and will improve cost planning. Through the activities planned, the following results will be achieved: - Enhanced energy efficiency and reduced production costs The project’s planned energy savings are 62.7% - Increased energy efficiency at Alpha Kotton OOD, and a reduced negative impact on the environment, with carbon emissions savings of 88.282 t/year - Increased production capacity and improved product quality. The new machines will ensure higher productivity and improved product quality, which will allow the company to take on more orders within short periods and expand its presence on the Bulgarian and European markets. The project implementation will contribute to increasing the competitiveness of Alpha Kotton AD and the achieving of sustainable growth.

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Overview

Status Closed (completion date)
Start date 30 Nov, 2017
End date 18 Apr, 2019
Contract date 30 Nov, 2017
View in UMIS

Financial information

Total cost 475,423.00
Grant 342,868.10
Self finance 132,554.90
Total paid 342,287.60
EU participation percent 85.0%

Location