SIA Bac Metal is manufacturer of metal, which provides high-quality full complex metalworking services and produce high-quality metal products.
As the production capacity was already maximized, company can’t increase the capacity, which leads to the abandonment of larger orders from existing customers and the absence of new orders from new potential customers. Company decided to invest in purchase of technological equipment.
|Company||SIA BAC METAL|
|Area of business||Manufacturer of metal, which provides high-quality full complex metalworking services and produce high-quality metal products.|
|Name of the project||Purchase of technological equipment for the metal product manufacturing development|
|Realization date||October 18, 2018 – October 18, 2019|
|Support program||Support for investments in creation and development of non-agricultural activities|
|Cooperation institution||Rural Support Service|
|Aim of the project||Aim of the project is to increase efficiency and competitiveness of company.|
|Description of the project||In the scope of the project it is planned to purchase technological equipment such as metal laser cutting equipment, welding robot, high pressure and production compressors, abrasive cleaning cab and welding machines, which will allow to maximize capacity of production and significantly increase output turnover, as well as increase company’s overall market share in Latvia.|
|Total costs||706 428.73 EUR|
|Planned co-financing of EU funds||280 000.00 EUR|