Purchase of agricultural machinery

The applicant is a farmer who operates in an area other than the disadvantaged and outside the scope of the Natura 2000 national ecological network. • The subsidy that the applicant will use is 50%. • An average list of 3 employees is planned to increase. For the financial year 2018, the applicant has a mid-list of 8 employees and is committed to increasing the average list of 11 employees. • The applicant's activity is carried out in a rural area - the municipality of Lyubimets; The necessary funds for realization of the investment intentions of the applicant according to the annexed delivery contracts amount to BGN 207173.00. The investment is not seasonal and the equipment will be delivered on a preliminary contract with the selected supplier. The projected cash flows show the capability of the applicant to generate profits and accumulate positive net cash flow after covering the necessary costs. The positive net present value of the project, as well as the indicators: internal rate of return, payback period and profitability index, confirm the financial efficiency of the investment project

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Overview

Status Contracted
Start date 05 May, 2021
End date 05 May, 2023
Contract date 05 May, 2021
View in UMIS

Beneficiary

Financial information

Total cost 220,473.00
Grant 110,236.50
Self finance 110,236.50
Total paid 0.00
EU participation percent 90.0%

Location

Bulgaria, South-West and South Central Bulgaria (BG4), South Central (BG42), Haskovo (BG422), Lyubimets, Lyubimets