The company "Siven Bulgaria" LTD was founded in 1997 and is operating over 17 years successfully in the market of the textile industry. The main business is the manufacturing and marketing of high-quality sports equipment, intended for extreme weather conditions. With this project the company aims at modernizing its equipment and expanding the capacity of its production facility in the city of Varshetz. After completion of the project the productivity of the company and their export potential will be increased and "Siven Bulgaria" LTD will gain competitive advantages for 3 of their main product groups: cycling tights, socks for extreme conditions and ski clothing of down.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 20 Jun, 2016 |
| End date | 13 Mar, 2017 |
| Contract date | 20 Jun, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 481,288.00 |
|---|---|
| Grant | 336,901.60 |
| Self finance | 144,386.40 |
| Total paid | 336,901.60 |
| EU participation percent | 85.0% |
Location