Increased competitiveness of the enterprise

Project facts

Project promoter:
TM-Technology JSC(BG)
Project Number:
BG-INNOVATION-0031
Status:
In implementation
Initial project cost:
€2,034,153

More information

Description

TM Technology JSC, established in 2003, is a medium-sized Bulgarian enterprise that specializes in metalworking and the production of large metal products. These products include metal structures for various industries, metal components for machinery, and large-scale constructions weighing up to 80 tons and spanning up to 30 meters. With a diverse catalog, TM Technology JSC offers over 620 customer-specific products tailored for use in industries such as energy, construction, and more.

The primary focus of the current project is to implement an innovative and environmentally friendly technological line dedicated to cleaning, preparing, and painting metal surfaces for welded structures. This integrated system comprises a conveyor blasting machine, a degreasing and drying chamber, a shot blasting booth, and a combi spray booth. By introducing this advanced technological line, the company aims to streamline its production processes and meet the growing demand from its clientele.

The proposed investment is expected to yield several positive outcomes for the company. Notably, it is projected to have a significant impact on the company''s financial performance, leading to increased turnover and enhanced net operational profits. Simultaneously, the initiative will contribute to improved production efficiency and enhanced environmental performance across the enterprise.

In May 2023, the company received an additional grant, which will be used to acquire equipment essential for the transportation of welded structures to and from the various chambers involved in the cleaning, preparation, and painting processes. This includes an automated paint system for applying paint to large sheet materials and a paint mixing device, which are integral components of the overall technological line dedicated to preparing, cleaning, and painting metal surfaces for welded structures.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.