Introducing an innovative streaming technology for distributing digitized audio - visual production.

Silver First Ltd. is a leading European manufacturer of optical storage media CD, CD-R and DVD. The company is among the market leaders thanks to the supply of optical media with excellent quality and in various formats designed to meet the needs of most demanding customers. With this project we aim at further expansion of activities such as planning the implementation of activities for investment and market development. With its implementation will satisfy these needs now: 1. Implementation of an innovative streaming technology for distributing digitized audio - visual production. The technology is the latest achievement in the development of Internet services, which no one in Bulgaria offers. The new service will expand its market share and production capacity of the company by increasing customer-users and increase sales. 2. Improving the quality - new technology digitized distribution will significantly increase the quality of services and products in general; 3. Increasing the market share of Silver First Ltd. and increase profits. Streaming service, except that it can be distributed in any network environment is flexible enough to reach each individual user and to satisfy personal interests. 4. Increasing the competitiveness of the enterprise - streaming provides opportunities to build a large base of users. It can be offered with equal success both large companies and individuals. Completely innovative service will expand the circle of clients now, while turnover will increase and will lower prices of services. 5. Improving resource efficiency - the introduction of streaming technology will reduce the production of optical media - CD, CD-R and DVD. This will reduce costs for key production inputs and fuel, as it will not require supply of tangible media.

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Overview

Status Closed (completion date)
Start date 09 Feb, 2016
End date 22 Mar, 2017
Contract date 09 Feb, 2016
View in UMIS

Financial information

Total cost 1,071,000.00
Grant 749,700.00
Self finance 321,300.00
Total paid 749,000.00
EU participation percent 85.0%

Location