"Purchase of technological equipment for workshop for metal furniture production"

The investment intention of Flame Trade Ltd. is under Sub-measure 6.4.1. "Investments Supporting Non-agricultural Activities" from the 2014-2020 Rural Development Program  The subject of the investment includes the purchase of technological equipment for a metal furniture workshop "totaling BGN 927 571.94 excluding VAT. The investment intention of "Flame Trade" Ltd. is the establishment of a company for the production of tubular furniture (metal high chairs and tables) and in particular the purchase of technological equipment for the same. The facility "Metal furniture production workshop" will be located in a property with no. 56126.600.4013 in the city of Petrich, 22, Mesta Str., In the town of Petrich. The company will mainly produce high quality tubular chairs and tables, the maximum production capacity is 15 000 pcs. chairs annually and 12 000 pieces. tables per year or around 13.5 finished pieces per hour, calculated on the basis of 250 working days per year in a one-shift mode. The production technology is in line with the purchased technology equipment from the company subject to the investment as well as the standardized raw materials and the requirements for the finished product. The investment costs will lead to a significant improvement of the activity of Flame Trade LTD, as well as to decrease the production costs for external services, which currently account for about 35% of the company's operating costs. Investments in production facilities will add value to the output that is produced and at the same time allow the company to implement its market-making strategy.

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