"Development of the company Ina Trade Ltd. in the field of trade in cosmetic products"

INA TRADE Ltd. is a company operating on the Bulgarian and international markets since 2017. It is engaged in the sale of cosmetic products and in particular floral waters (from rose, lavender, chamomile, sumac, nettle, sage, etc.), and is currently one of the few companies in Bulgaria that develops such activities and occupies significant market positions. The purpose of this project proposal is "Development of the activities of INA TRADE" Ltd. and increase its competitiveness by creating its own production line for filling and labeling of bottles. The goal will be achieved by purchasing specialized production equipment: • Machine for automatic filling of quiet liquids in cylindrical bottles worth BGN 99,000 • Labeling machine - worth BGN 39,000 The total value of the project proposal is BGN 144,900 without VAT. INA TRADE Ltd. has its own premises with dimensions of 3716 sq. M., Where the new production equipment will be located. It is expected that the implementation of the project will achieve: • Increasing the competitiveness of the enterprise by reducing production time and production costs; • Reduction of production costs by creating a line for filling bottles and their labeling. • Improving the market positions on both the national and international markets; • Use of floral water and essential oils produced by local producers and processors; • Creation of new jobs on the territory of the town of Panagyurishte; • Promoting entrepreneurship in rural areas.

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Overview

Status Contracted
Start date 02 Aug, 2022
End date 02 Aug, 2024
Contract date 02 Aug, 2022
View in UMIS

Beneficiary

Financial information

Total cost 138,000.00
Grant 69,000.00
Self finance 69,000.00
Total paid 0.00
EU participation percent 90.0%

Location

Bulgaria, South-West and South Central Bulgaria (BG4), South Central (BG42), Pazardzhik (BG423), Panagyurishte, Panagyurishte