Improving the production capacity in "Deni Stoun 09" 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 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 - Deni Stone 09 EOOD, which will increase the capacity of the already produced products, which will lead to a continuous increase of its competitiveness. In order to achieve this goal, the company plans to purchase new equipment (gill two-gallon crane and a combine marble polishing line), which occupy a major place in the technological process of its production. The applicant will release its investment in the NW region, which will contributing to the socio-economic development of the region and creating additional conditions for its growth. 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 improvement of the production capacity of the applicant including the following sub-activities: management, conducting a procedure for the selection of contractors under LMFESIF and PMS 160/2016, delivery of the equipment and realization of 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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Overview

Status Closed (completion date)
Start date 17 Feb, 2020
End date 11 Feb, 2021
Contract date 17 Feb, 2020
View in UMIS

Financial information

Total cost 359,297.30
Grant 251,508.11
Self finance 107,789.19
Total paid 251,300.00
EU participation percent 85.0%

Location