Support of small businesses in rural municipalities through the establishment of a car service in the town of Lyaskovets

"VIZIA 2017" Ltd. is a company registered in the Commercial Register with UIC 204472107 on 24.02.2017. In 2017 starts the maintenance and repair of automobiles, according to official data NSI is with NACE 100% - 45.20. "Maintenance and repair of motor vehicles". "VISION 2017" Ltd. intends to create a new and satisfying service quality service center by providing services in the field of repairing and servicing automobiles, incl. painting, tinsmithing, chassis repairs, etc. The activity that the applicant implements is one of the most developing services in the sector and is one of the fastest growing sectors of the Bulgarian economy. According to Eurostat figures for 2017, there are 400 cars per 1000 inhabitants in Bulgaria, with analyzes indicating that on average the number of cars in Bulgaria increases by about 100 000. The total number of cars in 2017 is approximately 3.63 million, of which 37% are cars over 20 years old, 29% cars between the ages of 15 and 20. Based on Eurostat data, more than 46% of cars in Bulgaria are aged 15 and over 15, which inevitably leads to the need for ongoing and major repairs. This is the main reason why the investment intention of "Vision 2017" Ltd. to plan the construction of Auto Service. Through its investment proposal, "VISION 2017" Ltd., plans to build a car service with a main focus on painting and tinsmith services as well as carrying out ongoing repairs. The location of the investment is located in the town of Lyaskovets, Lyaskovets municipality, Veliko Tarnovo region and the project activities will be realized in own property. In order to realize its investment intention, "VISION 2017" Ltd. plans to build a car service and buy technological equipment. For the construction of the Auto Service there is an approved technical investment project and the equipment envisaged for the purchase of the project is in accordance with a Technological project developed by a qualified person.

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Overview

Status Contracted
Start date 22 Nov, 2021
End date 15 Sep, 2023
Contract date 22 Nov, 2021
View in UMIS

Beneficiary

Financial information

Total cost 398,331.44
Grant 199,165.72
Self finance 199,165.72
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria, North and South East Bulgaria (BG3), North Central (BG32), Veliko Tarnovo (BG321), Lyaskovets, Lyaskovets