Programme: Innovations and Competitiveness

In order to improve its competitiveness, TUFEK METAL Ltd. needs to increase its production capacity, optimize its production processes and improve the quality of its products. Despite its steady development over the years, TUFEK METAL Ltd. faces a number of difficulties, mainly related to its limited production capacity. The current production capacity does not allow to fulfill the planned strategic goals of the company - expansion of the enterprise, entering new markets, introduction of new products, increase in sales revenues.
To overcome these problems and to increase the competitiveness of TUFEK METAL Ltd., a project proposal envisages the implementation of the following activities:
1. Total production investment to improve production capacity for growth through the efficient and effective use of production factors and by building opportunities for the adoption and adaptation of European and international knowledge and technologies.
The activity is aimed at:
- increasing the productivity of the enterprise;
- the effective and efficient use of production factors through the introduction of new technologies to improve resource efficiency in the production process;
- improvement of production processes at TUFEK METAL Ltd.;
- expanding production by improving existing products;
- diversification of activities through diversification of TUFEK METAL's portfolio and access to new markets.
2. Information and publicity.
As a result of the implementation of the project, the competitiveness of TUFEK METAL Ltd. will be increased by increasing the production capacity, optimizing the production process, achieving higher productivity, improving the products offered, strengthening the managerial capacity.