Expanding the capacity of the "VIRGIN GROUP BULGARIA " Ltd. to provide more and better services.

"VIRGIN GROUP BULGARIA" Ltd. is a modern fast growing Bulgarian company founded in 2010. The company is the official representative of several international media groups and represents over 30% of the television channels distributed in Bulgaria. The company represents the Digital World Television SRL, Viacom Networks and English Club LLC, European Broadcasting Union, VG Media, WDR Mediagroup, Sony Pictures Europe and is a partner of the musical TV Box TV. The TV company portfolio included programs from over 20 countries and over 80 TV channels (ZDF, ARD, PRO7, RAI, France 2, AXN. Nickelodeon, etc .). The high quality of "VIRGIN GROUP BULGARIA" Ltd. services makes them extremely sought after, both the Bulgarian and the international market. This puts the company's management with the need to increase capacity and further improve the services offered through the purchase of new high-tech equipment. In this respect, this project is a necessary step to achieve the objectives of the company, related to expanding the company's activities, improving the quality of services and reduce cost of production. Investment in new equipment will improve resource efficiency and efficacy of the Company and its revenue from sales, as a condition for sustainable development of the company. The project falls within the category of "expanding the capacity of existing business facility" and planned investments in fixed assets are tied directly to the following activities: 1. Activities to improve production processes; 2. Activities to improve existing products and services; 3. Activities for implementation of new technologies to improve resource efficiency and effectiveness in the production process. The overall effect of the project is to expand the scope of the company, a steady presence on the Bulgarian market and expanding international markets.

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