ONWARDS AND UPWARDS

The dynamics in the development of modern technologies and the usage of integrated solutions in the telecommunication sector lead to ever-increasing demands on the information service providers in this sector. PRICE INTERNATIONAL Ltd. as a major economic activity under code 63.99 "Other information services not classified elsewhere" sets as a strategic goal through this project to achieve capacity expansion and adding new features to existing solutions in the company portfolio through the implementation a high-tech communication platform with built-in modular components for chatting communication. In this regard, the project "ONWARDS AND UPWARDS" envisages the realization of the following main activity: - Improvement of production capacity (by purchasing a Communication platform with built-in modular components for chat communication, 1 pc). The acquired investment in this activity will be implemented under the "regional investment aid" regime and will be accomplished by expanding the capacity of existing business object in Vratsa, it is aimed at: - improvement of production processes; - reduction of production costs; - improving the company's products. The expected results are to increase the company's competitiveness and its more successful presence in the domestic and foreign markets by achieving higher technological performance of the offered product functionalities, reducing production costs and improving the solutions offered by integrating the offered product functionalities.

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Overview

Status Closed (completion date)
Start date 21 Feb, 2020
End date 21 Feb, 2021
Contract date 21 Feb, 2020
View in UMIS

Financial information

Total cost 988,700.00
Grant 692,090.00
Self finance 296,610.00
Total paid 346,045.00
EU participation percent 85.0%

Location