"Expansion of existing milk processing plant - refrigerator chambers, employees' quarters and purchase of machines and equipment in regulated plot 77195.334.39 of the regional plan of Haskovo city, vicinity "Bukja""

The he current application has the goal to prove the efficiency of the investment plans of “Milky Group Bio” JSC in their own milk processing plant in Haskovo, Bulgaria.The investment plans of the candidate includes purchasing of a new modern technological line for bottling of pasteurized milk in PET bottles 0.25 – 2.0 liters, a new boiler for production of technological steam and expansion of the existing milk processing plant, including building of new refrigerated chambers and employees’ quarters. The investment will be located in the Haskovo city, in regulated plot № 77195.334.39 of the regional plan of Haskovo city, vicinity "Bukja"". By implementing of the investments of the current project, “Milky Group Bio” JSC will assist the realization of stable economic viability of the production activity and employment in the future, will improve the whole production activity in general, the economic efficiency and competitiveness of the plant, working in the milk processing sector. The main activity of “Milky Group Bio” JSC is import and distribution of raw materials for the food processing industry. Since the last several years , the company started production of high quality dairy products known under the trade nark “Sayana”. The production facility of the company is located in Haskovo, Bulgaria. The trade mark “Sayana” is on the market since 2013 and at the moment under this trade mark “Milky Group Bio” JSC offers one of the biggest varieties of dairy products in Bulgaria. For the production of the dairy products under the “Sayana” trade mark are used only fresh and clean raw materials – fresh raw cow, sheep and goat milk and high quality starter cultures and milk ferments, which are delivered to the production base in Haskovo, Bulgaria. The mission of “Milky Group Bio” JSC is to be the leader in the production of the most delicious dairy products in Bulgaria.

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Overview

Status Contracted
Start date 27 May, 2021
End date 15 Sep, 2023
Contract date 27 May, 2021
View in UMIS

Financial information

Total cost 2,057,697.68
Grant 823,079.05
Self finance 1,234,618.63
Total paid 311,894.70
EU participation percent 75.0%

Location

Bulgaria, South-West and South Central Bulgaria (BG4), South Central (BG42), Haskovo (BG422), Haskovo, Haskovo