Expansion of the production capacity in "Rigelet" Ltd.

Small and medium-sized enterprises play a major role in the development of the Bulgarian economy. They are a key source of job creation, added value and new business ideas. In this respect, the efforts of our country to create a competitive and sustainable economy are directly dependent on supporting the development of SMEs because they are most sensitive to changes in the business environment. In this respect, it is necessary to implement a targeted policy, which will lead to increased productivity and expansion of the market presence of the foreign markets of the Bulgarian SMEs. In support of the above, the current project envisages an investment in tangible fixed assets related to the expansion of the capacity of an existing business object - "Rigelet" Ltd., which will increase the capacity of already produced products, improve their quality characteristics and increase the company's competitiveness. In order to achieve this goal, the applicant plan to purchase new equipment - Automatic stretch film rewinding machine and Automatic stretch film cutter, which occupying a central place in the technological process in the production activity of the company. Successful implementation of the project requires realistic planning of the entire process, balanced distribution of activities over time and tied it to the set goals guaranteeing the expected results. Regarding to that, the project foreseen an activity for the expansion of the production capacity of the applicant including the following sub-activities: management, conducting a procedure for the selection of contractor for supply under LMFESIF and PMS 160/2016, delivery of the planned equipment and realization of publicity and visualization measures. Main results of the project implementation will be to improve the production capacity of the applicant, increase its competitiveness and export potential.

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