Capacity

With the development of construction, and in particular with the implementation of infrastructure projects for small enterprise Sokolov Ltd. is necessary to produce a sufficient quantity of products corresponding to the dynamic construction market. The project aims to increase the production capacity and enhance the export potential of the company with regard to the concrete products in response to market needs for quality products Through the Project the company will meet the actual demand of the market and implement activities to improve the manufacturing process by increasing its production capacity (1), will add new features to their products (2), will implement a new mechatronic technology to improve resource efficiency and effectiveness in the production process (3). The project falls within the category of "capacity expansion of existing business object" and has a term of 12 months. The project will implement its activities through the purchase and commissioning of "machine vibropressed products" in mechatronic technology that has no analogue in Bulgaria. The estimated cost of the project is 1 070 000 lev, 70% stated grant. Results of the project are to increase to 30% of capacity for the production of concrete products, adding additional features of traditional products, improvment in resource efficiency and effectiveness of the production process and will export the products to the Balkan Peninsula. Made of detailed and realistic business plan proves the economic efficiency of the project. The project is in the "mehatronnic technology", implemented in in Bulgaria in North-Central region, Veliko Tarnovo Veliko Tarnovo and will contribute to achieving sustainable development and equality and non-discrimination. The company has so far participated in three successful procedures OPDCBE, has the experience, financial stability and motivation to realize the project.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 21 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Beneficiary

Financial information

Total cost 1,070,000.00
Grant 749,000.00
Self finance 321,000.00
Total paid 749,000.00
EU participation percent 85.0%

Location

Veliko Tarnovo