Programme: Innovations and Competitiveness

"Ikono-Masoni" Ltd. is a Bulgarian company specializing in the production of corrugated cardboard and cardboard packaging for users in various industries: mechanical engineering, light industry, food industry, etc.
The COVID pandemic has led to a decline in consumer packaging production. They are currently rebuilding their production, their needs are growing and "Icono-Masoni" Ltd. has the opportunity to restore its production volumes, expand its production capacity and more successfully participate in the packaging market by adding production capabilities.
A restraining factor for the company's sustainable development is the lack of sufficient production capacity to meet market demand; low productivity; inefficiency of production costs, which negatively affects the price policy and resource efficiency; limited opportunities to improve manufactured products.
The activities of the project are related to the acquisition of new technologies for the production of cardboard and corrugated packaging, with an emphasis on the digitization of production processes, with a view to expanding production capacity.
With the purchase and commissioning of 1 pc. an Automatic Die Cutting  with Creasing and stripping machine will expand production capacity by optimizing production operations and processes and achieving higher productivity.
Investments in this equipment will ensure the company's contribution to the achievement of environmental goals and policies at national and EU level: less waste, with the possibility of recycling it; non-polluting, reduced energy consumption and lower carbon footprint. Labor safety will also improve dramatically. This will make the company more competitive, increase its market presence and significantly improve the quality of manufactured products.