Increasing the Competitiveness of Mihal Mihail Mihalev ET - Pomorie by Investing in the Local Economy

The activities envisaged under this project will be implemented on the territory of the LAG Pomorie. The project aims at enhancing the competitiveness of the local economy and the opportunities for supporting the local business by creating an environment for increasing the productivity and the export potential of SMEs in the LAG territory and hence promoting entrepreneurship and creating sustainable enterprises to provide employment for the local population and opportunities to raise its income. The present project envisages an investment in modern equipment leading to the introduction of technological solutions for improvement of resource efficiency and efficiency in the production process and creation of environment for sustainable development of Mihal Mihail Mihalev ET - Pomorie as prerequisites for sustainable improvement of its competitiveness. To achieve this goal, the company plans to purchase two types of edging machines - automatic and manual feed to optimize the production process in the enterprise by contributing to the improvement of the quality of the production and resource efficiency in the long term. The planned equipment is modern, high-tech and innovative for the enterprise, which will contribute to making a positive impact on the environment. Successful implementation of the project requires realistic planning of the entire process and a balanced distribution of activities over time. The activities and their time range are tied to the goals set in the project and are necessary for their realization, guaranteeing the expected results. As part of the project activities, the applicant has foreseen its management, conducting a procedure for selecting a contractor under Decree 160/2016, delivery of the equipment envisaged in the project and implementation of visualization measures.

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Overview

Status In execution (starting date)
Start date 30 Dec, 2020
End date 30 Mar, 2022
Contract date 30 Dec, 2020
View in UMIS

Financial information

Total cost 304,200.00
Grant 273,780.00
Self finance 30,420.00
Total paid 0.00
EU participation percent 85.0%

Location