Apolo is a Bulgarian entity established in 1994 and in 1997 it has built its first clothes manufacturing factory. The company produces specialized professional clothing - military, police, uniform, service, hiking and hunting equipment and enjoys the reputation of a reliable manufacturer of high quality. This project proposal aims to improve the production capacity of Apolo Ltd. by purchasing the following fixed tangible assets necessary for the production of clothing: - Spreader - 1 pc.; - Spreading table - 1 pc.; - Cutting machine - 1 pc.; - Flatlock sewing machine - 2 pcs.; - Pattern Tacker Machine - 3 pcs.; - Form finisher - 1 pc. The purchasing and implementing the above mentioned assets will increase the productivity of the company and the quality of their breathing, water-insoluble, windproof, thermoregulating and antibacterial products. The investment will allow the entity to expand the range of its specialized clothing by developing new models that meet specific demand and modern trends by additionally reducing the risk of error in production. This will help the future development of Apolo allowing them to increase their production capacity and respectively to gain bigger market share by helping them increase the quantity and the quality of the sold items in Bulgaria, Europe and the world.
Overview
Status | Closed (completion date) |
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Start date | 21 Feb, 2020 |
End date | 21 Feb, 2021 |
Contract date | 21 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 531,889.00 |
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Grant | 372,322.30 |
Self finance | 159,566.70 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location