Improvement of the Production Capacity of Telefiles ltd.

Telefiles Ltd. is a manufacturing company that has set the ambitious goal of being among the leading companies in Bulgaria in the field of development, production and complete engineering of automation systems in the food and beverage industry (wine and meat production) - basic code of economic activity 2893 - Manufacture of machinery and equipment for food, beverage and tobacco processing. 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, Telefiles Ltd. plans to acquire the following high-tech production equipment: - Hydraulic abcant press with CNC control; - Laser cutting system with fiber optic source; - Laser marking machine. 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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Overview

Status Terminated (termination date)
Start date 25 Mar, 2021
End date 25 Mar, 2022
Contract date 25 Mar, 2021
View in UMIS

Beneficiary

Financial information

Total cost 185,777.65
Grant 130,044.35
Self finance 55,733.30
Total paid 0.00
EU participation percent 85.0%

Location