Increasing production capacity by investing in tangible assets for the expansion of the production base and export potential " Continvest " LTD in Yambol.

Continvest Ltd. was founded in 1993 and has its own bases in the towns of Yambol, Gorna Oryahovitsa, Stara Zagora. The company is a major importer in Bulgaria of chlorine - alkaline products: chlorine; hydrochloric acid ; sodium hydroxide. Continvest Ltd. has a production base in the city of Yambol, producing the following products, using the most - high standards: Sodium hypochlorite /liquid/; Ferric Chloride; Ferric Chloride sulphate; Aluminium sulphate /liquid /; Aluminium sulphate /solid/; polyaluminium oxychloride / PAC In 2005 a bottling installation of liquid chlorine in barrels and bottles has been built, and a production of sodium hypochlorite and ferric chloride for the treatment of wastewater and drinking water has been lauched. The production of a liquid aluminum sulphate has started in 2008 and in 2009 a solid aluminum sulphate to purify drinking water and wastewater has been also installed. Our products are well known on the market, but the existing systems do not have required capacity to meet the market demands. With the submission of the project proposal, we plan to increase the capacity of the production facilities in the base, situated in Yambol for the production of purification products for industrial waste and sewage and increase export revenues. In terms of facts of a steadily growing number of put into operation water treatment plants within the country, the consumption of these products are also growing. The described trend requires an increased capacity in order to meet the market demand. The project proposal includes activities for adding new features and improving existing products through investments in fixed assets that are related to the capacity expansion of existing business facility - factory of the company in the town Yambol. The described at the application assets are required to achieve the increased production capacity, because at the moment the maximum production capacity is reached.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 13 Oct, 2017
Contract date 09 Feb, 2016
View in UMIS

Beneficiary

Financial information

Total cost 982,553.78
Grant 589,532.27
Self finance 393,021.51
Total paid 587,377.65
EU participation percent 85.0%

Location