"FG Bulgaria" LTD is a fast-growing Bulgarian company. It has been established in October 2011 in Plovdiv and has quickly become a leader in the metal industry as part of mechatronics sector. Its main business is concentrated in the production of metal products, coils and springs in particular. The main objectives of the company, which are enshrined as such in the present project proposal, are related to the production capacity growth and increase of export potential. This will be achieved through introduction and launch production of a new product range springs, namely micro springs. It is planned an investment for the purchase of innovative technological equipment. The realization of such project will multiply the opportunities of the company to access new markets for sustainable development and presence and experience in the management and utilization of funds under the EU programs.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 05 Jul, 2016 |
| End date | 13 Oct, 2017 |
| Contract date | 05 Jul, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 232,426.50 |
|---|---|
| Grant | 162,698.55 |
| Self finance | 69,727.95 |
| Total paid | 162,406.96 |
| EU participation percent | 85.0% |
Location