Improving production capacity of „Predsednik“ LTD.

The main business activity of PREDSEDNIK EOOD is the processing and trade in natural stone and tiling materials. Limestone is the most processed material, to the following product groups: • slabs; • pavement; • stairs; • columns; • cornices. Production is carried out in the company’s own production factory located in the village of Beli Izvor, Vratsa district. The goal of this project is to replace one of the main production lines, namely the Limestone slabs polishing line. The replacement of the line will result in: 1. Increase in production capacity by at least 2 200 square meters per month; 2. Increase in the export potential of PREDSEDNIK EOOD. The plan envisages more than 50% of the rock tiling and goods produced to be exported to external markets. Thus, the investment will lead to an increase in average export revenues by more than 25%; Project activities include a procurement procedure (to be carried out in accordance with the procedure described in the Guidance on the Implementation of Grant Contracts financed under Operational Program “Innovations and Competitiveness” 2014-2020), delivery, installation and commissioning of the machine. Total value of the investment is BGN 1,015,150.00, VAT excluded. Planned project duration is 18 months.

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Overview

Status Closed (completion date)
Start date 23 Dec, 2015
End date 10 Nov, 2016
Contract date 23 Dec, 2015
View in UMIS

Financial information

Total cost 1,015,150.00
Grant 710,605.00
Self finance 304,545.00
Total paid 710,500.00
EU participation percent 85.0%

Location