Increase of the production capacity and enhance of the export potential of Karmela 2000 Ltd.

"Karmela 2000" Ltd is specialized in manufacturing of rusks and biscuits pastries. Our company produces a wide range of chocolate and confectionery, divided into 3 main categories: waffle, biscuit and cake products, which are placed on the internal and external markets. The company holds trademarks for all their products registered in the Patent Office of the Republic of Bulgaria and the World Intellectual Property Organization in Geneva. In recent years, continuously expanding its market share and consolidate its position in the Bulgarian and world market. To realize our strategic development plans aimed at expansion of market positions of the internal and external markets, we plan the implementation of this project, including activities to improve production processes, activities to diversify the range of products and services of the enterprise, activities for integration of new technologies to improve resource efficiency and effectiveness in the production process. All activities will be delivered through the purchase and commissioning of selected equipment needed. Selection of the contractor will conduct selection procedure in accordance with the regulations - the rules of Decree 118 / 20.05.2014. Along with that will fulfill mandatory activities of information and publicity. The project is aimed at increasing the production capacity of "Karmela 2000" Ltd. and enhance of export potential of the enterprise. As a result of its implementation we expect within the 3-year period after completion of the project the following effects in increasing the competitiveness and profitability of the company: - Increase of productivity of the company to 16.6856%; - Increase of export revenues and 25.3124%; - Increase of the efficiency of 17.8469%.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 04 Sep, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,657,208.00
Grant 994,324.80
Self finance 662,883.20
Total paid 975,374.13
EU participation percent 85.0%

Location

Veliko Tarnovo