The present investment project aims at purchasing equipment and putting into operation of a production plant for pastry products, investment in advanced technology, and the recruitment of skilled manufacturing staff and the establishment of traditions. By introducing advanced technological equipment to ensure high quality food products, the company will offer a wide assortment of confectionery products, which is not typical for most of the industry, and will thus eliminate a large part of the competition for certain products. The investment funds will allow the company to achieve the 10-year-long forecasts - an increase of sales revenue and an increase in profitability and profit.
Overview
Status | Contracted |
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Start date | 24 Sep, 2020 |
End date | 15 Sep, 2023 |
Contract date | 24 Sep, 2020 |
Programme
Beneficiary
Financial information
Total cost | 781,716.45 |
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Grant | 390,858.22 |
Self finance | 390,858.23 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location