New jobs in TED - BED JSC

Ted-Bed was established in 2009 in Plovdiv. Its main activity is production of mattresses, products and materials used in the manufacturing of mattresses and sleeping products. The company is known on the market under its own brand "TED mattresses", imposed by their exceptional quality and comfort. "TED- BED" JSC is part of the holding "TED Capital". Over the past years, the company expanded its business and now our products are the most popular mattresses brand in the country. The company is a mattresses manufacturer N 1 in Bulgaria and is among the top 15 European manufacturers. "TED-BED" JSC produces over 25 types of mattresses: Bonnell spring mattresses (including children's mattresses), single and double-sided spring mattresses, rolled spring mattresses, latex, foam, orthopaedic, English and other type of mattresses. In addition we produce products for full bedroom furniture: beds (wellness series, Scandinavian beds, beds with integrated motor mechanism), "click-clack" sofa furniture, duvets, products made of goose fluff, bedspreads, carpets and more. Many of our products have been tested and certified with individual product certificates. In 2014 we completed a project for introduction of innovative product - mattress with build in neutraliser for geopathogenic influences for the total amount of 4 million BGN. Thanks to this investment, the company significantly increase its production capacity by purchasing and put into production 8 new high-performance machines for the manufacture of mattresses. Loading machines increased steadily with increased production. As a result of the introduction of new production equipment, increased production capacity and increased market demand for the company's products, the company decided to create 10 new, sustainable jobs.

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Overview

Status Closed (completion date)
Start date 01 Sep, 2016
End date 01 Mar, 2018
Contract date 26 Jul, 2016
View in UMIS

Beneficiary

Financial information

Total cost 84,994.00
Grant 67,995.20
Self finance 16,998.80
Total paid 45,695.51
EU participation percent 85.0%

Location