Investing in wood pellet processing

"Nipedo" LTD will carry out its activity on the territory of the village of Glozhene, Teteven municipality.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 premises used are scheduled to undergo ongoing repairs to ensure safe working conditions, pellets are the main product to be produced and are pure fuel produced from wood - in this case deciduous - pressed under high pressure A production line with a capacity of 500 kg hour is being purchased. The project will be implemented within 24 months. The project will be implemented in the municipality of Teteven - municipality with over 60% forestry and 25 new jobs will be created.

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Overview

Status Contracted
Start date 15 Jul, 2021
End date 15 Jul, 2023
Contract date 15 Jul, 2021
View in UMIS

Beneficiary

Financial information

Total cost 405,907.88
Grant 202,953.94
Self finance 202,953.94
Total paid 0.00
EU participation percent 85.0%

Location