Employment of youth under 29 years old in "Zetta Hosting Solutions" Ltd.

Zetta Hosting Solutions Ltd. is a technology company with over 10 years experience in developing and maintaining complex systems that manage users, clients' data and Internet traffic. Currently the company employs 19 work-people who hold high professional qualification in the field of information technology, marketing and management of resources and capital. The company employees daily work is to create, operate and maintain sophisticated software solutions for customers in Europe and USA. The place where the software is stored and operated is Germany. The IT sector is one of the fastest growing and therefor most promising in the Bulgarian economy. It is also a fact that Bulgaria's IT sector is well recognized world-wide. Zetta Hosting Solutions Ltd. specializes in 3 separate IT fields: Web development, Mobile applications development and Cloud web hosting development. Throughout the 10 years of operation more than 5 million users have used the company's Cloud web hosting services. Zetta Hosting Solutions Ltd. business in these 3 main fields is growing. Consequently the company experiences strong need to hire and train new personnel. Having more employees will be a strong advantage for the company to develop further in the afore mentioned IT fields. Many of the unemployed young people up to 29 years old on the Bulgarian labour market look out to start particularly in a company in the IT sector. By hiring and training new personnel Zetta Hosting Solutions Ltd. will help for the integration of unemployed persons and especially the priority groups - young people up to 29 years old. Hiring and training new personnel will directly increase the productivity and competitiveness of the company. The completion of the project proposal will continue 16 months.

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Overview

Status Closed (completion date)
Start date 20 Sep, 2016
End date 20 May, 2018
Contract date 16 Sep, 2016
View in UMIS

Financial information

Total cost 70,164.40
Grant 70,164.40
Self finance 0.00
Total paid 70,163.79
EU participation percent 85.0%

Location