Improvement of production capacity in "NGN Bit" Ltd

NGN Bit Ltd. has been a company operating in the IT sector since its inception. Throughout the years, the company has been engaged in all activities in the industry to adapt and develop in a rapidly changing environment. It offered consulting services in the sector, dealing with assembling hardware configurations such as manufacturing, computer programming and storage and data transfer. 2017, the company ends with a business activity code 63.11 "Data processing, hosting and similar activities". In recent years, thanks to the investments made in infrastructure, NGN Bit Ltd. has established itself as a small but flexible company in the branch in Bulgaria and a reliable partner for international companies in this field. Over the years, she has worked with some of the largest IT companies in the country, delivering products and services. This gave the team confidence that the efforts are in the right direction and the hard work is paying off. The increasingly rapid development of the IT sector worldwide leads to an increase in the market share of companies such as NGN Bit , but also to ever higher demands on the quality and volume of the services offered. For these reasons, the company must constantly invest in new equipment to improve its production capacity in order to meet the ever-increasing market demands. The project proposal envisages the purchase and implementation of 1 Multipurpose Traffic Server, 1 Storage system and 4 Traffic Switches, aiming to expand the capacity of an existing business site located in the city of Montana. The project envisages to increase the quality and capacity of the services offered today - data transmission (Internet traffic) and data storage. Improving the services offered will lead to an increase in the market share of the company nationally and internationally, increasing revenue, profits and exports. This will ensure the sustainable development and successful performance of NGN Bit Ltd. in future challenges.

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Overview

Status Closed (completion date)
Start date 24 Feb, 2020
End date 11 Feb, 2021
Contract date 24 Feb, 2020
View in UMIS

Beneficiary

Financial information

Total cost 705,000.00
Grant 493,500.00
Self finance 211,500.00
Total paid 493,500.00
EU participation percent 85.0%

Location