Diversification of the product range of Dinas JSC

The privatization process of 1998 triggered the transformation of DINAS JSC. Since that time the company has been following a policy of investment in new and more efficient technologies, entering new markets, development of new products and improvement of the quality of the ones already in production. The desire to constantly perfect and optimize our products and to stay close to the clients turn us into a modern and responsible company. With decisions of the Council of Ministers of the Republic of Bulgaria in the beginning of 2012 DINAS JSC gained concession over two deposits for stone materials - travertine and colored ornamental granites. The materials are unique for Bulgaria. The granite deposit is close to the City of Tvarditza, Sliven Municipality. The basic granite color is green, mottled with pink, white and black. This is the first colored ornamental granite mined in Bulgaria. It can successfully compete with Brazilian, Indian and Chinese materials on the world market. It can be used for external and internal tiling, as well as for paving of paths and playgrounds. The preparatory works on the deposit have been completed in 2013. Implementing the current project the enterprise will improve the effectiveness and efficiency of the production process of the granite deposit and will diversify the its products and services through the purchase of mechanization - front wheel loader with additional equipment for block manipulation. The project duration will be 16 months and its total budget is envisaged to be 1 050 000 BGN.

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Overview

Status Terminated (termination date)
Start date 23 Dec, 2015
End date 23 Apr, 2017
Contract date 23 Dec, 2015
View in UMIS

Beneficiary

Financial information

Total cost 1,050,000.00
Grant 735,000.00
Self finance 315,000.00
Total paid 0.00
EU participation percent 85.0%

Location