Increasing industrial capacity of Hleboproizvodstvo i sladkarstvo" Ltd. and introducing machinery and installations lead to export potential.

The project is part of the policy of "Hleboproizvodstvo i Sladkarstvo" Ltd., which aims at a continuous increase in productivity with an emphasis on maximum quality of goods and services, development of human resources, entering new markets, including foreign ones, work for the benefit of society and contribution to local development. At this point, the company manages to maintain the newest quality of production, invests its resources continuously to develop the assortment and taste with priority healthy and quality food, building on its socially responsible mission and leader in the local market. The constantly rising demand for quality bread and bakery products requires additional investment in production capacities that can allow productivity gains, new markets and quality upgrading through the introduction of the latest machinery and equipment in the industry. Last but not least, additional investment will also lead to job creation, which is important for the region. The planned penetration of new markets (starting with Romania) will give an advantage and great potential for entering international markets, which is a step towards national priorities for more exports of local goods and services, and another step towards more jobs, more income, more investments at local level, which leads to improvement of the quality of life and the opportunities for realization and development - a priority of the Community Local Government Strategy for local development of the Troyan, Apriltsi, Ugyrchin LAG. The introduction of state-of-the-art machinery and equipment will provide support not only for the enterprise but also for more local development, more socially responsible activities and more prosperity.

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Overview

Status Closed (completion date)
Start date 09 Oct, 2018
End date 05 Sep, 2019
Contract date 09 Oct, 2018
View in UMIS

Financial information

Total cost 389,879.11
Grant 233,927.47
Self finance 155,951.64
Total paid 233,158.62
EU participation percent 85.0%

Location