VSK Kentavar – IZ Dinamika Signed a Funding Contract for the Project "Expanding Capacity and Export Potential"

Dryanovo, Bulgaria, March 11, 2016 --(PR.com)-- VSK Kentavar – IZ Dinamika signed a funding contract for the project “Expanding capacity and export potential of VSK Kentavar – IZ Dinamika Ltd. via introduction of new technologies that will improve resources efficiency and efficacy in the manufacturing process” under the procedure BG16RFOP002-2.001 “Improving production capacity of SMEs.” The total amount of the programme is 1 840 450,00 BGN and it is partially funded by the European Union. The amount granted to Kentavar is 54% (993 843,00 BGN) of the overall expenditures.

Overloading the CNC machines with small lots of many different workpieces, causes the need of frequent machine programming by the engineers. In most cases this operation takes between 2 and 3 hours – time that the machine is not involved in any actual manufacturing. Therefore production processes are consistently slowed down and manufacturing process as a whole takes longer. This results further in longer delivery times quoted to the clients and harms the competitiveness of the company.

Taking part in the EU Operational Programme, VSK Kentavar invests in modernization of its production line, by purchasing 2 new CNC machining centres and 1 CNC cylindrical grinding machine. By implementing the new machinery, the company is looking into expanding the overall capacity at the factory in Dryanovo and to minimize the lead time for processing orders. Furthermore our factory will benefit from optimization of the manufacturing processes, products development and resource efficiency.

Deadline for implementing the actions planned is 18 months.

Contract № BG16RFOP002-2.001-0173 Expanding capacity and export potential of VSK Kentavar – IZ Dinamika “Ltd. via introduction of new technologies that will improve resources efficiency and efficacy in the manufacturing process” under the procedure № BG16RFOP002-2.001 “Improving production capacity of SMEs” is being implemented with the support of Operational Programme “Innovations and competitive advantage” year 2014-2020, co-financed by the European Union via European Regional Development Fund.