Modernization and technological renewal for the production of pate and meat cans in order to increase the productivity by purchasing new machines

This investment project is proposed for financial assistance by Compass Ltd. under the order of sub-measure 4.2. "Investment in processing and marketing of agricultural products" from measure 4 "Investments in tangible assets" of the Rural Development Program 2014-2020 The project includes activities for the purchase of production machines and equipment, with a place of performance in the village of Komarevo, Berkovitsa. The specific investment applied for by Compass Ltd. includes: 1. Machine for filling and closing of round metal packages - 1; 2. Canned filling system - 1; 3. Pasta production line - 1; 4. Mixer - 1; 5. Guillotine for frozen meat - 1 pc. The total amount of the investment for new equipment, Compass apply for is BGN 2 192 880,28 without VAT. As concrete results, the planned investment of Compass LTD will lead to an increase in the production of pates and meat cans. The successful implementation of the project will directly affect the improvement of the activity, by increasing the production capacity, improving the market positions of the company in Bulgaria, and optimizing the cost of electricity consumption in the implementation of energy-efficient new machines. With the commissioning of the investment under the project, the applicant will be given the opportunity to restore the optimal production capacity from a marketing point of view, with optimized business and manufacturing solutions. In this way, the company will be able to add value to traditionally enjoyed consumer interest in its own products - a fact that is of paramount importance in overcoming the effects of the complicated economic situation in the country, also affecting the food industry as a whole and meat processing in particular. The implementation of the project is in line with the objectives of the Rural Development Program 2014-2020, contributing to their successful implementation at national level.

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