Improve the capacity and export potential of HIDALGO PRODUCTIONS BULGARIA Ltd.

Hidalgo Productions Bulgaria Ltd. was established in 2009 with the main business of television and other production, filming of television shows, commercials and music videos, documentaries and feature films. This sector is very specific, highly competitive, especially as regards market invasion of established formats of world leaders in the production of TV programs and financial resources that they are able to invest for positioning in new markets. Given the company continually strives to provide customers with the implementation of each project from the beginning of the conceptual development and finalization of the product. The company's strategy is aimed at developing their own formats and content, and create high quality products. Namely process optimization in implementing the production and expansion of technological capabilities play an essential role in implementing the development plans of the company. At present the company does not have its own filming equipment for the activity hire the necessary equipment. The use of rental equipment instead of their own such does not allow to achieve the desired production capacity and to meet the ever increasing demands of customers concerning the quality of the productions. This project provides for an investment in a digital movie camera system- a necessary condition for achieving the goals of the company, namely: introduced of new technological equipment to improve production processes, expand its markets, thanks to the improved quality of the final product, and improve resource efficiency and effectiveness, as a condition for sustainable development of the company. As a result of the investment will improve the quality of the final product and will create export potential output of the company in international markets.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 10 May, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 486,122.70
Grant 340,285.89
Self finance 145,836.81
Total paid 340,284.00
EU participation percent 85.0%

Location