OP “Innovations and competitiveness” 2014-2020


European unionOP Innovations and competitiveness


Project:

BG16RFOP002-2.001-0137-C01
INCREASING THE PRODUCTION CAPACITY AND STRENGTHENING
THE EXPORT PORTENTIAL OF STS PACK HOLDING LTD

Beneficiary: STS Pack Holding Ltd

Total sum: 1 666 300.00BGN. From them: 849 813.00BGN European and 149 967.00BGN national co-financing.

Beginning: 12.01.2016 | End: 12.01.2017

Main objectives: Increasing the production capacity and strengthening the export potential of STS Pack Holding Ltd through implementation of activities for improving the production process, improving the current products, adding new characteristics and variegation of the packaging range, introducing of new technologies and increasing the resource effectiveness and efficacy in flexible packaging production.
The objectives will be achieved through buying of innovative tangible fixed assets which will help in improving the production processes and the quality check process of the manufactured production.

Results: The expected results are widening of the technological potential; increasing the company’s productivity with 18,23% for the first 3 years after the implementation and operational exploitation of the new technologies and improved equipment compared to the productivity in 2014; increased income from export with 9,45%; increased effectiveness with 20,37%.

About the Author: STS Pack Holding Ltd.