"Construction of a production building and purchase of machines for the production of PVC and aluminum windows"

Angelika - 81 Ltd. is specialised in the production, sale and installation of aluminum/PVC windows and it is well known on the local market on territory of LAG Aytos. ANGELIKA - 81 Ltd. mainly purchases aluminum and PVC profiles, from which it produces various types of windows and doors /as well as sliding doors/. The company is a seen partner both in the construction of new buildings and in the renovation and renovation of older residential and public buildings and hotels. In the last years, the company has experienced some difficulties in terms of production capacity and is increasingly unable to respond to increasing demand. This fact, accompanied by an increase in production costs, has a negative impact and limits the company's development and growth opportunities. Through the project proposal, the company aims to invest in the expansion of its activity by building a new building and new machines for the production of aluminum and PVC window frames. With the planned investment, the company intends to improve production processes, diversify the services offered and improve their quality. The need that will be met through the project is related to the introduction of new machines that meet the market requirements, as well as to guarantee a modern production process and a safe working environment. Moreover, in the settlements from the territory of LAG Aytos so far, this kind of offered services are considerably small in number, which on the one hand will increase the competitiveness of the company and on the other will increase the quality of theses services offered in the Municipality of Aytos. The main activities envisaged under this project are: 1. Execution of construction works for the establishment of a production building 2. Implementation of machines for the production of PVC and aluminum joinery

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Overview

Status Contracted
Start date 03 Nov, 2021
End date 30 Jun, 2023
Contract date 03 Nov, 2021
View in UMIS

Financial information

Total cost 157,564.05
Grant 118,173.04
Self finance 39,391.01
Total paid 0.00
EU participation percent 90.0%

Location

Bulgaria, North and South East Bulgaria (BG3), South-East (BG34), Burgas (BG341), Aytos, Aytos