TRIDEX LTD. is a company that specializes in the production of bags, garbage bags and other polyethylene packaging. Production takes place in a rented newly constructed manufacturing facility located in the industrial area of the town of Sadovo, Plovdiv district, where modern, high-tech and high-performance machines are placed. One new production line will be purchased through the implementation of this project and added to the available equipment. The line’s integration in the production process will lead to: 1. Increase in production capacity by additional 165 tons of finished products per month; 2. TRIDEX export potential growth. 88% of the products made on the new line are planned to be exported. Thus, the investment will lead to increase in average export revenues by 58%. 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), delivery, installation and commissioning of the machines. Total value of the investment is BGN 1,814,873.33, VAT excluded. Planned project duration is 18 months.
Overview
Status | Closed (completion date) |
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Start date | 20 Jun, 2016 |
End date | 22 Feb, 2018 |
Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
Total cost | 1,814,873.33 |
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Grant | 999,995.21 |
Self finance | 814,878.12 |
Total paid | 999,995.21 |
EU participation percent | 85.0% |
Location