Congress Engineering Ltd. has the subject of activity "Other activities in the field of information technologies" with code KID-2008 - 62.09, and is specialized in providing information services. The applicant needs to respond to increased consumer demand for a full capacity to provide services as well as to improve the quality and competitiveness of its services, to expand its position on national and international markets. The enterprise exploits morally and physically obsolete technologies and equipment to deliver service delivery processes that lead to high costs, poor quality of service, optimization of the process, and lack of sufficient capacity to deliver services to meet market volumes search. To meet these needs, the project aims to create a new business site in the town of Smolyan by investing in FTA (LED) screen - 1 piece, Video Projector - 6 pieces and LED Lighting - 10 pieces ) under the terms of the "regional investment aid" regime under Art. 13 and Art. 14 of Regulation (EC) No 651/2014 related to the establishment of a new business site of the applicant in the town of Vratsa, which will inevitably lead to an improvement of the capacity of provision of services (production capacity) of the enterprise. The expected results of the project are related to increasing the productivity and competitiveness of the enterprise and increasing its export potential by achieving higher productivity and increasing the volume of output, optimizing the production process, reducing production costs per unit of output, and improving the quality of the products offered. The project is directly geared to equality and non-discrimination, as well as sustainable development.
Overview
Status | Closed (completion date) |
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Start date | 20 Feb, 2020 |
End date | 21 May, 2021 |
Contract date | 20 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 806,847.00 |
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Grant | 564,792.90 |
Self finance | 242,054.10 |
Total paid | 282,100.00 |
EU participation percent | 85.0% |
Location