"Workshop for environmentally friendly production and storage of dry ice for the development of the Marine Economy Sector on the territory of the FLAG BSA Byala-Dolni Chiflik-Avren"

This project proposal represents the investment intentions of MD INVEST BULGARIA Ltd to develop its core business activities as well as the creation of new jobs in the Maritime Economy Sector within the FLAG, namely through environmentally friendly production and storage of dry ice. The business plan represents a financially and economically sound investment. The main objective of this investment is job creation through the creation of alternative employment for the Fisheries Sector, namely the creation of a workshop for environmentally friendly production and storage of dry ice. The main activities for the implementation of the project include the installation of an object - type container and delivery of specialized technical equipment for the production of dry ice, to ensure production, Expected built-up area of the workshop of 42 square meters. the company will launch an entirely new business to meet the growing demand. In addition, conditions will be created for the recruitment of additional staff and the value of the investment is estimated at BGN 199 544.00 without incl. VAT. Once the investment is completed, the company will launch an entirely new business to meet the growing demand. In addition, conditions will be created for the recruitment of additional staff. As a result of the project implementation, a steady increase in employment in the FLAG area is expected, which will at the same time contribute to the development of the maritime economy in the territory, as well. dry ice will be used to cool storefronts for the storage of fishery products and aquaculture, as well as to transport them. It will also achieve improvements in the quality and quantity of the services provided by the company, as well as reducing the adverse impact on the environment and improving the sustainability of pressure on it. The objectives of the project are in full compliance with the priorities and objectives of Measure 2 of FLAG's Strategy.

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Overview

Status In execution (starting date)
Start date 15 Feb, 2021
End date 15 Feb, 2022
Contract date 15 Feb, 2021
View in UMIS

Financial information

Total cost 199,544.00
Grant 99,772.00
Self finance 99,772.00
Total paid 0.00
EU participation percent 85.0%

Location