Improving the productive capacity "HIK-91 - Pacev amp; Co" SD

"HIK-91 - Pacev amp; Co" SD was established in 1991 year as a main business is the production and sale of polyethylene bags, polypropylene woven bags, including coated polypropylene cassette-type valve woven bags AdStar, Bigbegs bags, and polypropylene cordages. All the above products of the company are made from raw material pellets, which can be purchased from Bulgaria and abroad as follows: • Polyethylene films-of LDPE (Polyethylene High Pressure). • Polypropylene bags and string- PP (polypropylene). "HIK-91 - Pacev amp; Co" SD has its own logistic and transport, and shops throughout the country. Our clients in the country are large Bulgarian companies, traders, farmers. "HIK-91 - Pacev amp; Co" SD offers and successfully sells its products on external markets- the company already has a regular customers in Europe. Thanks to the efforts of the leadership, the company's development is in directions for modernization of technology, improving the products and market expansion in the past few years "HIK-91 - Pacev amp; Co" SD is one of the leading companies in the industry in the country and abroad. The project activities provide for the introduction of new technologies to improve resource efficiency and effectiveness in the production process, consisting in the possibility of recycling plastic waste,purification of water used for technological needs and granulation of recycled material for its subsequent use in production. Furthermore will be achieved and diversify the range of products through the purchase of machine for plastic bags and garbage bags in different species. "HIK-91 - Pacev amp; Co" SD is a company with responsibility for the environment, as the overall development of the company is related to the efficient use of resources and redemption of already produced and used in our products, for which there is opportunity for recovery and recycling.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 28 Feb, 2018
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,665,000.00
Grant 999,000.00
Self finance 666,000.00
Total paid 996,393.10
EU participation percent 85.0%

Location