Support for creation of sustainable employment

REMOTEX-M LTD is one of the largest repair and production support companies in Bulgaria. Its operations encompass full activities cycle - iron foundry, forging, thermal treatment, mechanical works, finishing operations, build of welded constructions and complete development of new facilities, both for country customers and for abroad. The effort to achieve sustainable company growth and accelerated pace in the implementation of projects of the company, determine the need for team growth and the creation of new jobs associated with the repair and manufacture of spare parts for heavy mining and power equipment. By implementing this project, REMOTEX-M LTD will enable the employment of 26 unemployed and inactive persons, 14 of which represent the designated priority groups, and at least half of those will be sustainably retained after project is completed. Project scope also includes provision of necessary equipment, personal protection tools and a new vehicle for job creation, as well as carrying out project management and public relation activities.

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Overview

Status Closed (completion date)
Start date 01 Mar, 2017
End date 01 Dec, 2018
Contract date 01 Mar, 2017
View in UMIS

Beneficiary

Financial information

Total cost 223,974.00
Grant 179,179.20
Self finance 44,794.80
Total paid 178,273.05
EU participation percent 85.0%

Location