Company Development

The company achieved to secure an investment project with the European Fund for Regional Development along with Operative Program – Innovation and Competitiveness

Goal:

Increase in production capacity and the export potential of "Superfinish 2000" Ltd., following the purchase and deployment of higher productive equipment.

Specific objectives:
1. Increase of 188% of the average revenue generated from exports for the period 2018-2020 compared with 2014, mainly due to the increase in exports to the Middle east Syria, Iraq and others.
2.More than 64% growth of average labor productivity for the period 2018-2020 compared with 2014
3.Increment factor for cost effectiveness for raw materials and external services by over 16% on average for the period 2018-2020, compared with 2014
4.Rise of the net profit in 2020 compared with 2014 by 512%
5. Implementation and certification of new products based on biotechnology, such as "Organic", "Natural" and "Bio".
6. Improvement of the quality characteristics of manufactured products by the company.
7.Improving the competitiveness through introduction of the innovative product-paper face mask, through the purchase of vertical packaging machine for facial cosmetic mask.
8.Creating new positions for two professionals in "Superfinish 2000" Ltd.- engineer-tuner and technician.

Formulated thus project objectives fully comply with the specific objective of the Investment Priority 2.2 "Capacity growth of SMEs" to increase production capacity and enhance the export potential of Bulgarian SMEs "OP" Innovation and Competitiveness 2014-2020 "

Total Investment - 335 348.73 lv

EU funding - 199 532.49 lv
National funding - 35 211.62 lv

Start date: 09/02/2016
End date: 09/05/2017