The Company is registered in the Register of Commercial Companies of the Targovishte District Court by Decision No 20 of 08.01. 2003 under company case № 5/2003 as "Glasco" OOD with subject of activity processing of glass and mirrors for the furniture industry and construction. Our production is mainly focused on construction, furniture industry and more. "Glasco" Ltd. is an established manufacturer of quality glass and mirrors, tempered glass and a reliable partner in the realization of a number of significant architectural projects in the country and abroad. In 2012, we realized a serious investment through a project under OP "Development of the Competitiveness of the Bulgarian Economy" 2007-2013. This allowed the company to continue to develop and refine its products. In the beginning of 2019, we started building a new production plant. worth € 3 million. With this project, we want to buy a MODERN HIGH-TECH and energy-saving CUTTING PLATES, which will be located in the new production workshop. The purchase of a new generation of hardening furnace to produce high-quality flat tempered and heat-resistant glass will allow the company to further develop its technological equipment and create the missing prerequisites for the start of the production of new high added value products, increase the company's productivity and will expand the whole business at national and European level. The forecasted HIGH-HIGH-TECH and energy-saving CUTTING PLATES will allow the company to offers new products on the market, whose demand is growing in line with the European standards for improving energy efficiency in the field of construction through innovation in glass production. This project is part of the long-term strategy of the company to increase the competitiveness and viability of the company.
Overview
Status | Closed (completion date) |
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Start date | 10 Feb, 2020 |
End date | 04 Feb, 2021 |
Contract date | 10 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 2,191,000.00 |
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Grant | 999,096.00 |
Self finance | 1,191,904.00 |
Total paid | 749,161.13 |
EU participation percent | 85.0% |
Location