Improvement of the production capacity in order to increase the REISSWOLF BULGARIA JSC. Competitiveness and Strengthening the Export Potential

REISSWOLF BULGARIA JSC is a leading company specialized in complete data processing, including a web-based digital archive that allows data processing and management. The company's ambition is to develop its product range of services and to improve production processes to meet the ever-increasing demand and needs of the national and international markets. It is precisely the optimization of the working processes and the expansion of the technological possibilities that play a significant role in the implementation of the enterprise development plans. Currently, the company does not have the necessary hardware equipment to perform the company's business processes, are not available, and recruits IT infrastructure located in collocation centers. There are prerequisites for delay, lack of 24/7 maintenance, risks of frequent collapses, etc. On the other hand, in view of the specifics of the services offered by the company and the current tendencies for development in this sector, the lack of data security and protection that the company can not fully provide is a significant constraint to the development of RAVVOLF Bulgaria AD and the provision of quality a service based on the highest international standards. These negative factors limit the opportunities for market development and growth of the company, which determines the necessity of introducing new high-tech equipment, subject of this project. It is envisaged to make an investment in specialized software - a system for ELECTRONIC LABEL (EEP) and a system for management, storage and processing of digital objects and content, including mutually connected hardware components, which will provide the necessary technical capacity for realization of the services and increasing productivity. The project falls under the category "expanding the capacity of an existing business site".

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Overview

Status Closed (completion date)
Start date 13 Feb, 2020
End date 01 Apr, 2021
Contract date 13 Feb, 2020
View in UMIS

Financial information

Total cost 710,000.00
Grant 497,000.00
Self finance 213,000.00
Total paid 497,000.00
EU participation percent 85.0%

Location