„Mihaylov TV” LTD is a company with 27 years history providing electronic services through common cable networks, the main economic activity being in compliance with NACE – 2008 61.10 Telecommunication activity through fixed networks. Over the years the company has been repeatedly renewed tangible and intangible assets with their own funds to implement the latest technology in such a dynamic sphere. In order to strengthen its position in today’s highly competitive market, further investment is needed to improve production capacity and develop export potential. With the implementation of the project, highly productive and efficient assets will be implemented that will support the enterprise and will have an incentive effect for its development and competitiveness. This will be done by building a passive optical network (PON technology) for data transmission in Vratsa to provide a new generation (in terms of quality and capabilities) services through it - television, Internet and Internet based services. This project proposal is initiated by the need to improve the production capacity of the company. Assistance under the procedure will impact on the provision of more and better quality services as well as the achievement of a better financial result. The above mentioned outcomes will be achieved through the deployment of new, highly efficient equipment for the provision of telecommunication services. The implementation of the project will have a positive impact on: 1. Increase in export earnings 2. Increase in net sales revenue 3. Increasing enterprise productivity
Overview
Status | Closed (completion date) |
---|---|
Start date | 24 Feb, 2020 |
End date | 24 Feb, 2021 |
Contract date | 24 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 338,241.54 |
---|---|
Grant | 236,769.08 |
Self finance | 101,472.46 |
Total paid | 94,707.63 |
EU participation percent | 85.0% |
Location