Velga Ltd. was established in 2002. The company has a code of main economic activity 1419 "Production of other clothing and clothing accessories." The main activities of the company are related to the production of trousers. The company has a manufacturing facility located in the city Vidin . Major customers of the company in Bulgaria are large retail chains and wholesalers and retailers. The products are mainly exported abroad with the largest market share is Germany. In order to improve the production capacity of the company and its export potential with this project It provides for the purchase of new production equipment that will be used for the production of trousers. The planned purchase machines will be installed in the production facilities of the company in the town Vidin. With the new equipment will boost exports and the total production capacity of the company.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 23 Dec, 2015 |
| End date | 14 Oct, 2016 |
| Contract date | 23 Dec, 2015 |
Programme
Beneficiary
Financial information
| Total cost | 1,192,051.00 |
|---|---|
| Grant | 715,230.60 |
| Self finance | 476,820.40 |
| Total paid | 714,786.00 |
| EU participation percent | 85.0% |
Location