Modernization of a plant for processing of vegetables

The project includes acquiring and installation of a new production facilities for production of canned vegetables in Pikons Ltd in the city of Septemvri. High technology machines for washing, filling, labeling and packing of the production will be bought. Through this planned equipment the technology processes will be improved and the capacity of the enterprise will be increased. Many operations will be automated which will reduce manual labor. The agricultural resources and the packing materials will be used more efficiently. The new machines are energy efficient and will contribute to improve the quality and safety of the foods. The current working places will be kept and there will be even more job openings in this rural area. The effect will be an overall improvement of the operations of the company and reaching better financial results in long term perspective.

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Overview

Status Contracted
Start date 22 Nov, 2019
End date 22 Nov, 2021
Contract date 22 Nov, 2019
View in UMIS

Beneficiary

Financial information

Total cost 579,395.00
Grant 289,697.50
Self finance 289,697.50
Total paid 0.00
EU participation percent 75.0%

Location