Expansion of troutfarm in the village of Kapinovo, Veliko Tarnovo municipality

Aquaproject 2020 Ltd. is a micro-enterprise in the field of aquaculture. Under the current project of Aquaproject 2020 Ltd. it is envisaged to build additional facilities for trout farms in the village of Kapinovo, Veliko Tarnovo municipality with closed production process from hatching of larvae, through rearing of fishery material, to fattening of fish for consumption. The investment in equipment will support the production of 55 tonnes of rainbow trout (Oncorhynchus mykiss) and the additional construction of pools will cover the demand for valuable commercial fishery material. The project proposal envisages investments in construction activities for the construction of these pools, investment in the purchase of auxiliary equipment and the supply of mini tractors and forklifts for the warehouse and transport needs of the farm. Efforts will be made on the project proposal to meet the selection criteria under measure 2.11. "Productive Aquaculture Investments" and earn 61 points: - Keeping existing jobs on the farm; - Achievement of a positive Net present value of the investment within the first 5 years of project implementation; - Main activity in aquaculture - in the last 3 years the company has 100% revenues only from aquaculture activities; - Investment to provide better working conditions by providing a place of leisure for working staff; - Investing in the reproduction and production process by creating 6 pools for the production of fishery material within the farm; - Species with very good market potential - rainbow trout, sturgeon, European catfish, carp; - Innovation on the farm - screw for regulating the flow of water to the pools according to the attached contract for the purchase of patent know-how.

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Overview

Status Contracted
Start date 27 Jul, 2020
End date 27 Jul, 2022
Contract date 27 Jul, 2020
View in UMIS

Financial information

Total cost 1,045,247.78
Grant 522,623.89
Self finance 522,623.89
Total paid 0.00
EU participation percent 75.0%

Location