Investing in wood pellet processing

Houm Lux 2018 Ltd. will operate on the territory of the town of Velingrad. The company has a property and an existing workshop in it, which uses a rental contract in which will be located the machines and the equipment necessary for the production of pellets.The pellets are pure fuel, produced wood - in the case coniferous. Pressed under high pressure, they are cylindrical in shape, supplied in plastic bags and are a convenient form of fuel for end users. Products is packaged in sacks of the customer's choice. A production line with a capacity of 1 ton / hour is purchased. The project will be implemented within 18 months. The project will be implemented in the municipality of Velingrad - municipality with forestry over 60% and new job creation is envisaged.

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Overview

Status Contracted
Start date 05 Aug, 2021
End date 05 Aug, 2023
Contract date 05 Aug, 2021
View in UMIS

Financial information

Total cost 820,100.80
Grant 410,050.40
Self finance 410,050.40
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria, South-West and South Central Bulgaria (BG4), South Central (BG42), Pazardzhik (BG423), Velingrad, Velingrad