"Purchase of assets to increase the added value in fisheries of the company DINGBG Ltd."

The project proposal is related to the modernization of DINGBG Ltd. through investments in fixed assets. The company is a representative of small-scale coastal fishing and has a valid commercial fishing permit, according to (LRA), a certificate of acquired right to use resources from fish and other aquatic organisms in cases provided by law. and owns a fishing vessel registered in the Register of Fishing Vessels of the Executive Agency for Fisheries and Aquaculture (NAFA) and in the Executive Agency "Maritime Administration". The project proposal envisages the purchase of a Mobile module for primary purification of mussels and storage of live fish and the purchase of a specialized vehicle - a refrigerated bus with a load capacity of up to 750 kg. The envisaged module is baths in which, after the mussels are removed, the shrimps will be cleaned of sand and other impurities, which will add value to the landings. They can also store live fish. With the help of the refrigerated bus, deliveries will be made with the aim of shortening the supply chain to the end user. The planned investments will increase the added value and quality of the catch, which will improve the market supply and the direct sale of own catch. The goal is higher added value for the company, realization of more revenues, and from there increase of the net profit. With the implementation of the project 1 new job will be created. The project proposal falls within the eligible activities of the Conditions for application as follows: Activity 4. Lead to improved products. Activity 5. Support the storage of the catch, its processing.

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Overview

Status In execution (starting date)
Start date 25 May, 2022
End date 23 Mar, 2023
Contract date 25 May, 2022
View in UMIS

Beneficiary

Financial information

Total cost 212,495.00
Grant 169,996.00
Self finance 42,499.00
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria, North and South East Bulgaria (BG3), North-East (BG33), Varna (BG331), Varna, Varna