Purchasing of machines and equipment to improve the production capacity of Europe Ltd.

This project proposal is aimed at improving the production capacity of Europe Ltd by purchasing automated machines, cutting equipment and specialized software for the needs of the company's production. With the implementation of the investment Europe Ltd. will increase its competitiveness will increase its presence on the national and foreign markets by increasing the volume of production, optimizing the production process, achieving higher productivity, reducing the production costs, improving the offered products - garments for sports and alternative (rural, eco-, cultural) and extreme tourism. The combined effect of the investment will ensure the successful development of "EUROPE" Ltd. on the European and world market. Europe Ltd fully meets the eligibility criteria for this procedure, namely: - medium enterprise under SME; - basic code of economic activity falling under low-tech and medium-low-industrial manufacturing industries, C14 "Manufacture of clothing" - realized net sales revenues for 2015, 2016 and 2017 over BGN 3 000 000 The company operates in Haskovo.

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Overview

Status Closed (completion date)
Start date 24 Feb, 2020
End date 01 Mar, 2021
Contract date 24 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 644,560.00
Grant 386,736.00
Self finance 257,824.00
Total paid 386,327.40
EU participation percent 85.0%

Location