Support for the development of "VANGELOVI STROY" Ltd. Lom

The project proposal envisages the purchase of new equipment, which will be equipped with VANGELOVI STROY Ltd. and will be realized on the territory of the town of Lom for the needs of the company. The candidate "VANGELOVI STROI" OOD has been operating since 2015, while strictly observing all the applicable normative requirements concerning not only the quality of the construction services but also the protection of the environment and water. The candidate has been working successfully for 4 years with construction activities - one of the traditional economic sectors for Bulgaria and a source of income for the population in an area where the demographic collapse is bigger, thus contributing to the socio-economic stability of the country. The specific investment is related to equipment that not only gives the company a new look but also extends the package of services it offers on the market. The project proposal provides for the purchase of building frame facade scaffolding, needle vibrator station, brick cutting machines, perforators, etc., as well as the opening of 2 new workplaces in Lom. The activities carried out by the applicant will also provide additional jobs in the conditions of the European standards during the execution of the new type of orders of the construction sites. The accession of Bulgaria to the EU and the financing under this procedure give the Candidate much better opportunities to expand the construction and development of the company, to become more competitive and more competitive. The project will be implemented under the Rural Development Program and will be fully in line with the legislation in force.

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Overview

Status Contracted
Start date 04 May, 2020
End date 04 May, 2022
Contract date 04 May, 2020
View in UMIS

Financial information

Total cost 117,182.12
Grant 87,886.59
Self finance 29,295.53
Total paid 0.00
EU participation percent 90.0%

Location