Improving production and export capacity of GLOBAL NET TECHNOLOGY JSC

GLOBAL NET TECHNOLOGY JSC is registered in 2007. The main activity: design and installation of structured cabling systems and networks, delivery of Internet services, data transmission, hosting and others. The subject of this project proposal is the investment in fixed assets - management system data streams and multiplexing of multimedia content. In their totality, it consists of components that are inextricably linked to the logical level and represents a comprehensive new solution to address the need for improving the production process and increase our productivity. The system uses a new, resource efficient technology that is characterized by low power consumption and high performance. Adding it to our technological resources will provide us the opportunity to diversify the range of services offered by our own IPTV instead of retransmitting TV, what we need in order to offer a variety of packages for different devices. New technologies will reduce energy consumption and its share in the service unit. They will allow the processing of incoming and wholesale multimedia content, so that the necessary communication channels will be reduced by 30%, which will free up resources for service data abroad. In the project we will realize the activities and management of the project, selection of contractors, delivery of assets, visualization and promotion of the EU financial contribution, final reporting. The expected impact of the investment is the introduction of new technology to achieve a competitive advantage over firms in Burgas and Vratsa, while enhancing their productivity, diversify services and increase their export potential, such steps in the implementation of medium and long-term development strategy of the company . The expected results of the project are expressed in economic results that are measurable and will be reported to underlying project indicators.

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Overview

Status Closed (completion date)
Start date 29 Mar, 2016
End date 30 May, 2017
Contract date 29 Mar, 2016
View in UMIS

Financial information

Total cost 361,899.00
Grant 253,329.30
Self finance 108,569.70
Total paid 251,976.90
EU participation percent 85.0%

Location