Programme: Science and Education for Smart Growth

The applicant is a medium-sized enterprise that declares support for activity in the designated national priority sectors of medium to high-tech production with code 27.90. At the moment,the applicant reports high production costs and the need to optimize production chains. The enterprise develops its activity in a sector with great export potential, but the lack of sufficient production capacity to satisfy the market volumes of demand is a prerequisite for the stagnation of realized sales revenue. This can be achieved through investment in increasing the capacity and quality of production. The activity will be carried out according to all the requirements of the present procedure by purchasing long-term tangible assets-a total of 8 machines,with an emphasis on the digitalization of production processes with a view to expanding production capacity and diversifying the products offered. The investment is necessary for the technological transition and digitalization of the production process, which will reduce the vulnerability of the candidate enterprise to fluctuations in demand for finished products, will optimize production, and indirectly affect climate change through energy consumption per unit of production. High-tech machines are part of already started large-scale project of the company to switch to a new type of production-with low resource intensity and operating costs, efficient and flexible. The expected results of the implementation of the investment are:
-achieving a high level of automation with implemented ICT technologies in the manufacturing process;
-expanding production capacity and achieving higher productivity;
-reducing production costs and optimization of the production chain;
-increasing the added value;
-diversifying the range of products of enterprise and increasing exports.
In addition, the investment complies with applicable environmental legislation and the DNSH principle and will contribute to the country's ecological transition.