Construction of a car factory and car wash in the village of Oreshak, Troyan

Entrepreneurship in rural areas is hampered by the high risk associated with small markets, the lack of capital and insufficient access to business development and advice. The small business sector in rural areas faces additional territorial barriers related to the lower purchasing power of the local population and stagnation of the rural economy. Support for start-up investment and the development of existing micro-enterprises is an important tool for improving the competitiveness and employment potential of the rural economy. This support will favor rural development by creating more and better jobs by helping to diversify the rural economy of the country that is currently heavily dependent on agriculture. The project proposal envisages the construction of a car factory and a car wash in the village of Oreshak, Troyan, with the disclosure of which will improve the access to quality services of the local population and the large number of tourists visiting the area. For this purpose modern machines will be purchased with the help of which will be produced high quality metal products. The candidate Slavi BG Troyan EOOD has embarked on a strategy of growth and diversification whereby the organization enters a relatively new market and offers services other than current ones The advantages of diversification are related to the independence and the possibility of lowering the total cost of maintenance.

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Overview

Status Contracted
Start date 06 Apr, 2021
End date 15 Sep, 2023
Contract date 06 Apr, 2021
View in UMIS

Financial information

Total cost 228,024.19
Grant 114,012.09
Self finance 114,012.10
Total paid 0.00
EU participation percent 85.0%

Location