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“CIEDRA” expands the range of manufacturing equipment

Ltd. “CIEDRA” has significantly renewed and extended the technical base. By March 2015, the company has received and transferred to the manufacturing a multifunctional CNC control lathe, a plasma cutting work table, and installed a bridge crane in mechanical workshops. Newly purchased equipment will not only expand the services provided and the range of products manufactured but also reduce the time of production, the necessity to involve subcontractors, and will allow to reduce the “bottlenecks” in the production process.

In the framework of the project “Modernization of production process in Ltd. “CIEDRA”” support program “High added value investments”, the company is still planning to purchase and install two production equipments. The implementation of the project will allow to improve significantly the technical base necessary to perform research activities of the company.
The total investment expenses are 439 815.00 EUR, of which 45% or 195 653.50 EUR constitute the co-financing of the European Regional Development Fund.

Project activities will be implemented until the end of August 2015.


Procurement procedure of new equipment suppliers for company “CIEDRA” has been finalized

In the framework of the project “Modernization of production process in Ltd. “CIEDRA”” support program “High added value investments”, the company has finalized procurement procedure, identifying the equipment purchased during the Project and their suppliers.

As a result of the Procurement procedure it was established that the CNC control multifunction lathe and the CNC control vertical machining center will be supplied by Ltd. “Duroc Machine Tool” for a total purchase value of 293 525.00 EUR, the plasma cutting work table will be supplied by OÜ “Nordcity Center” for a total purchase value of 91 500. 00 EUR, the high frequency quenching equipment will be supplied by JSC “ESTEL” for a total purchase value of 21 890.00 EUR and the bridge crane will be delivered and installed by UAB “Strele industial” for a total purchase value of 32 900.00 EUR.

The total investment expenses are 439 815.00 EUR, of which 45% or 195 653.50 EUR constitute the co-financing of the European Regional Development Fund.

Project activities will be implemented until the end of August 2015.


By attracting EU funding “CIEDRA” will implement the project for the modernization of the manufacturing process

On August 22, 2014 Ltd. “CIEDRA” and SJSC “Latvian Investment and Development Agency” signed a contract regarding the implementation of the project “Modernization of manufacturing process of Ltd. “CIEDRA”” in the framework of the support program “High added value investments” by attracting EU Structural funds.

The project investments will be made for the purchase of manufacturing equipment – metalworking tables with CNC control system and tempering unit will be purchased, as well as the bridge crane for the assembly hall, allowing expanding production volumes, removing bottlenecks in the production process, as well as launching of new products. Production equipment purchase will also significantly increase the research and development capacity, by allowing working on new product development and introduction into production.

The total investment expenses are 439 815.00 EUR, of which 45% or 195 653.50 EUR constitute the co-financing of the European Regional Development Fund.

Project activities will be implemented until the end of August 2015.