Introducing in Production a new innovative bed

"Ted Bed" JSC is established in 2009 in Plovdiv. Its main activity is the production of mattresses, products and materials for the production of mattresses and sleeping products. The company is recognised by its own brand "Mattresses TED" known for their exceptional quality and comfort. The products of "Ted" are the most popular mattress brand in the country and the company is a manufacturer N1 in Bulgaria and is among the top 10 in Europe by volume of manufactured mattresses per day. The company produces over 30 types wide range of products: mattresses with spring packages type Bonnell (including children mattress), mattresses type pocket springs, individually packaged springs (one-sided and double-sided), roll-back mattresses (rolled spring mattresses ), orthopedic and anatomic mattresses. Under the brand "TED" a number of products for fully furnished bedroom are produced: plate frames, accessories for bedroom - bedroom sets, blankets, pillows, goose down products, bedspreads, mattress covers, mattress protectors, etc; beds (Scandinavian beds, incl. "motorized beds" with integrated motor mechanism, British type beds), furniture and more. To maintain its leading position and to meet market expectations and demand for mattresses and sleeping products, "Ted Bed" JSC should invest in introducing new, innovative products to meet consumer preferences. This project is aimed at introduction of innovative products - multi-bed base, mattress and top mattress wrapped only in two boxes. The innovative bed NEW STAR is a viable solution for easy transport and handling, assembly without tools, holding all parts of the classic bed. This is a unique safety product unmatched in the global market. The project aims to start series production of the bed NEW STAR, to which there are already inquiries and interest from international chains for furniture.

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Overview

Status Closed (completion date)
Start date 18 Jan, 2017
End date 19 Sep, 2018
Contract date 18 Jan, 2017
View in UMIS

Beneficiary

Financial information

Total cost 2,972,987.00
Grant 1,486,493.50
Self finance 1,486,493.50
Total paid 1,486,493.50
EU participation percent 85.0%

Location