VEMO 99 Ltd is a company which plans to improve the production capacity and to increase the market share in Bulgaria and abroad. The realization of the project consist for economic activities to reach the planned target. The plan for the realization of this project includes 4 types of activities that will be implemented through the purchase of new, modern production machines with low power consumption, high performance and minimize waste generated at the work product: I. Technological line for production of enzymes; II. Additional equipment to production line of nutritional supplements: - Packaging machine; - Production line for herbal extracts; III. Installation for spray-drying; IV. Laboratory Equipment; After implementation of the technological equipment the production capacity will be significantly increased, the production costs and the resource efficiency will be optimized. The export activity will be increased with 25% due to the established conditions to increase the quality of production and to execute orders in shorter time limits. The product range will also be extended in accordance with the trend of market demand. Those key factors will contribute the increasing competitiveness of the company on the international markets.
Overview
| Status | Closed (completion date) |
|---|---|
| Start date | 09 Feb, 2016 |
| End date | 02 Nov, 2018 |
| Contract date | 09 Feb, 2016 |
Programme
Beneficiary
Financial information
| Total cost | 622,558.56 |
|---|---|
| Grant | 323,101.41 |
| Self finance | 299,457.15 |
| Total paid | 317,188.06 |
| EU participation percent | 85.0% |
Location