Supporting the competitiveness of BALKANAGRO 2008 Ltd. through investments in innovative, energy efficient and environmentally friendly technologies

With the current investment project "BALKANAGRO 2008" Ltd. applies for funding under procedure BG06RDNP001-19.390 MIG "Dolni Chiflik and Byala" - measure 4.1 "Investments in agricultural holdings" of the RDP 2014-2020 for investments in innovative, energy efficient and environmentally friendly technologies. The investment costs amount to a total of BGN 271,331.60 without VAT and include: • Purchase of agricultural machinery (Tractor with nominal power of 105 hp and Fertilizer with maximum capacity of the hopper about 2300 liters and scales) and • Construction and installation works on the part Constructions of the builing "Reconstruction and change of purpose of a building in a warehouse located in PI 15597.501.2, Golitsa village, Dolni Chiflik municipality, Varna district". The investment aims to improve the competitiveness of BALKANAGRO 2008 OOD. The new warehouse will allow to preserve the excellent quality of the produced products and will allow the production to wait for the most favorable market price for its realization. The envisaged agricultural machinery has a very good configuration and parameters and imposes European standards for quality agricultural production. Innovative technologies for precision agriculture have been invested in the machines, which will allow the quality cultivation of the crops, achieving better yields per decare, lower costs for raw materials, combined with higher quality of the production. The agricultural machinery is related to the protection of the components of the environment and is energy efficient, as after the implementation of the project, according to the performed energy audit, energy savings of 7,34 % are expected. The project is being developed on 3190 decares of land, of which 1630 decares of wheat, 1240 decares of rapeseed, 320 decares of sunflower. As a result of the project implementation, the existing jobs will be preserved and an additional 1 person will be hired.

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Overview

Status Contracted
Start date 03 Feb, 2022
End date 30 Jun, 2023
Contract date 03 Feb, 2022
View in UMIS

Financial information

Total cost 259,496.41
Grant 155,697.84
Self finance 103,798.57
Total paid 0.00
EU participation percent 90.0%

Location