Improvement of the Production Capacity of Refan Bulgaria ltd.

REFAN BULGARIA Ltd. is a manufacturing enterprise which has set the ambitious goal to be one of the leading companies in Bulgaria in the field of perfume and toilet products production (basic code of economic activity 20.42 Manufacture of perfumes and toiletries). In order to achieve the high goals set, the company needs investments that will allow the enterprise to improve its production capacity and meet the ever-increasing requirements of the Bulgarian and European markets, which we expect to be fulfilled through the implementation of this project proposal. In order to increase its competitiveness and to increase its export potential the team of REFAN BULGARIA Ltd. plans to acquire the following high-tech production equipment: - Automated cellophiling machine; - Automated line for perfumery and essential oil production; - Automated line for the production of cosmetic products in plastic tubes. The equipment provided for acquisition has higher parameters than the one with which the enterprise currently operates in terms of product precision, production capacities, and has the capabilities to automate the production process. The project will be implemented under the terms of the "regional investment aid" regime under Art. 13 and Art. Article 14 of Regulation (EC) No 651/2014 as falling under the category of initial investment, the relevant activities include "expanding the capacity of an existing business site"

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