Improve the capacity and export potential of BULGARIAN FILM PRODUCTION SERVICES LTD.

BULGARIAN FILM PRODUCTION SERVICES LTD was established in 2005 in Lovech. The main business activity is the creation of audio-visual multimedia products in the field of television, advertising and others. During the period of its existence the company has successfully realized projects with high quality, characterized by attention to detail, focus on the customers and their preferences. However, the company is facing a number of major constraints that are expressed mainly in the difficult access to significant financial resources for the timely implementation of the necessary technological innovation. Company Company seeks to close the whole production cycle and to avoid the use of contractors for different parts of the production output. It seeks to compete with companies selling on the international market. Company slower increases its competitiveness and position in the economic, innovation and investment activities compared with competitors from other countries. This requires in the period 2016 - 2020 years to be realized accelerated growth, accompanied by the expansion of markets for the company. Since operates in a highly competitive dynamic sector, it is vital to continuous technological improvement and development of innovative capacity, which require substantial investment. The company strives to strengthen its position in the domestic market and to conquer new markets abroad. This will be done through the implementation of activities under this project, namely the purchase of equipment that will achieve the technical support process. The company will have the capacity to develop and offer products and services annually, characterized by high quality and conform to international standards, to achieve the most complete customer satisfaction and achieve competitive advantages.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 18 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,089,656.00
Grant 749,683.33
Self finance 339,972.67
Total paid 749,682.85
EU participation percent 85.0%

Location