Investments in furniture production - Style-M 93

"Style-M 93" Ltd is a micro-enterprise with the object of producing furniture. With the realization of the planned investment within the project, the company considers at the first stage to make an ongoing repair of a long-term leased production base on the territory of Elin Pelin. In the second stage, it plans to develop and optimize its production activities by purchasing machinery and equipment as part of the modernization technology project - edging machine, dust collector and heating installation to provide the appropriate technical and technological conditions for production. After the delivery, assembly and commissioning of the new equipment, 10 new employees are scheduled to be appointed, so the project will, in addition to developing non-agricultural activities in a rural area, create new jobs and help reduce seasonal fluctuations in employment.

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Overview

Status Contracted
Start date 19 Oct, 2020
End date 15 Sep, 2023
Contract date 19 Oct, 2020
View in UMIS

Beneficiary

Financial information

Total cost 730,083.52
Grant 365,041.75
Self finance 365,041.77
Total paid 0.00
EU participation percent 85.0%

Location