Support for Modernization of the Farm of Young Farmer Angel Hristov

The project aims at equipping the farm with the necessary equipment to contribute to increasing the productivity of a unit of agricultural land, improving the quality of the produced agricultural production, improving the agricultural land renewal, meeting the standards for environmental protection and improving working conditions . That is why the project envisages to buy: - 1 pc. tractor New Holland, - 1 pc. balloon roller, - 1 loader (front loader) The value of the investment is BGN 119 500. This is an upgrading investment to modernize the farm of Angel Hristov, which will allow an additional catalyst for intensification of production capacity and technological optimization of the production process of agricultural production. The selected investment asset, which is the subject of this project, corresponds to the fullest extent of the farm's capacity. The choice of supplier is based on the relationship between price, quality characteristics and servicing of the equipment. The aid intensity of the project is 60% of the total eligible costs of the project. Expected results can be defined as follows: Improvement of the usual activity of the farm, its competitiveness and efficiency as a whole; • Development of available material capacities on the holding and modernization of physical capital. • Improving the quality of agricultural production • Improving environmental protection • Compliance with Community standards and the introduction of good agricultural practices • The contract for the supply of raw material for processing with a food processing plant from the territory of the LAG will further strengthen the horizontal and vertical integrity of the LAG territory.

Comments
Leave a comment

Overview

Status Contracted
Start date 26 May, 2021
End date 26 May, 2023
Contract date 26 May, 2021
View in UMIS

Beneficiary

Financial information

Total cost 119,500.00
Grant 71,700.00
Self finance 47,800.00
Total paid 71,700.00
EU participation percent 90.0%

Location

Bulgaria, North and South East Bulgaria (BG3), North-West (BG31), Vratsa (BG313), Byala Slatina, Byala Slatina