Improve the capacity and export potential of MEJDINNA STANCIA Ltd.

MEJDINNA STANCIA Ltd. was founded in Bulgaria in 2001. The Company is focused on producing TV shows and reality formats. The company has the creative and professional resource for creating a product according to European and world standards and trends. This potential can be used if provided necessary modern technological equipment to support innovative ideas and goals of the company. Over the years, MEJDINNA STANCIA Ltd. purchased part of the technique, which carried out its production. At present, the equipment is already heavily depreciated and provides numerous technical defects. This is a serious problem for effective workflow in the company. In these cases, the company hires from other companies necessary equipment which increases the cost of many products. The increase in producer prices plays a key role in the selection of external producers, because televisions are looking for buying the cheapest, but with guaranteed high quality product. Investments to develop our own technological capacity will allow us to produce such content - quality and profitable. This project provides for an investment in assets as a necessary condition for achieving the set of company goals - using new technological equipment to improve production processes, expand its markets, thanks to the improved quality of the final product, as well as improved resource efficiency as a condition for sustainable development. As a result of the investment company will have potential to export productions on international markets.

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Overview

Status Closed (completion date)
Start date 20 Jun, 2016
End date 08 Aug, 2017
Contract date 20 Jun, 2016
View in UMIS

Financial information

Total cost 1,097,804.00
Grant 746,506.72
Self finance 351,297.28
Total paid 746,506.72
EU participation percent 85.0%

Location