A and G Invest Bulgaria Ltd. was established in 2011 in Kostenets. The main NACE is currently 28.99 Manufacture of other special-purpose machinery n.e.c. The main products produced on NACE 28.99 are Machine press for details and forms of polyurethane, Pouring machine for polyurethane and Technological production line for polyurethane articles. Within its presence in the Bulgarian market, the company has built a reputation as a reliable partner. At the same time, however, with respect to the main manufactured products it cannot implement export and develop its activities on the domestic market because it has insufficient production capacity. The main stages of production are performed manually, while for others company depends on the capacity of external subcontractors. The present vision of the company's management and the main objective of the project are precisely the overcoming of this restriction by increasing the competitiveness and strengthening of the export potential of A and G Invest Bulgaria Ltd. by improving the production capacity of its main economic activity (NACE 28.99). This objective will be achieved by providing 2 new fixed assets through the implementation of the main action of the project of improving the production capacity Through the implementation of the action the following results will be achieved 1 / Improving and increasing the production capacity 2 / Increasing the productivity in the period following the year of project completion 3 / Strengthening the export potential and increasing export revenue in the period following the year of project completion 4 / Increase in net sales revenue in the period following the year of the project completion 5 / Created preconditions for improving, optimizing and accelerating the production process 6 / Created preconditions for improving the offered products 7 / Created preconditions for reducing the average costs of production
Overview
Status | In execution (starting date) |
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Start date | 04 Feb, 2020 |
End date | 04 Apr, 2021 |
Contract date | 04 Feb, 2020 |
Programme
Beneficiary
Financial information
Total cost | 714,285.00 |
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Grant | 499,999.50 |
Self finance | 214,285.50 |
Total paid | 396,760.00 |
EU participation percent | 85.0% |
Location