Programme: Science and Education for Smart Growth

BULTEM Ltd. is a company with main business activity - production of plastic profiles.
The main goal of the project is to increase the efficiency of production processes, achieve higher productivity, reduce production costs and optimize the production chain.
The main subject of the project is the implementation of initial investments in TFA, related to the expansion of the capacity of the existing business facility and leading to the creation of prerequisites for the production of more than the currently produced products, incl. to improving the production process, its efficiency and digitization, as well as improving the products offered.
The project will be implemented through the implementation of an Activity, within the framework of which it is planned to acquire TFA, leading to the achievement of its main and specific goals and to the expansion of the capacity of the existing business facility: Automated twin-screw extruder.
By means of the project implementation and realization of the planned investment in modern and high-tech TFA, the obstacles to the sustainable and competitive development and export activity and potential of the Candidate, caused by the following factors, will be successfully overcome:
-negative effects of the COVID-pandemic regarding the economic potential of the enterprise;
- use of old technologies and equipment to implement production processes and lack of digitization of the production process;
- high production costs and the need to optimize production chains;
-lack of sufficient production capacity to satisfy market demand volumes;
-lower quality of manufactured products.
As a result of the above, the main goal of the project will be achieved, corresponding directly to the goal of procedure BG-RRP-3.004.