Improve production capacity of ET "SYUM - Stoyan Mladenov - Anastasiya Mladenova".

ET SUM - STOYAN MLADENOV-ANASTASIYA MLADENOVA was established in 1993 with the main object of activity manufacture of concrete products for construction.Produces a wide range of concrete curbs, slabs and roadways.At present,the whole production of the company is destined for the national market.ET SUM-STOYAN MLADENOV-ANASTASIYA MLADENOVA is constantly striving to expand its customer network by offering its original range of products but also of special articles on the technical documentation of the customer.This flexibility of production is among the main competitive advantages of the enterprise.The company's ambition is to develop its product range and to improve its production processes to meet the ever-increasing demand and needs of the national and international markets.It is precisely the optimization of production processes and the expansion of technological production capabilities to play an important role in the implementation of the company's development plans.The equipment available to the company does not allow us to reach the desired production capacity and to meet the ever-increasing demands of the customers related to the quality of the production.In this regard, the present project, which envisages the purchase of tangible fixed assets,is the necessary step to achieve the company's objectives in terms of the introduction of new technologies for the automation of production processes,which will optimize production and improve its efficiency as a condition for Sustainable development of SUM-STOYAN MLADENOV-ANASTASIYA MLADENOVA.The project falls under the category "Expansion of the capacity of an existing business site" and the envisaged investments in tangible fixed assets are directly related to the improvement of the production capacity of the enterprise.The overall effect of the implementation of the project is to broaden the business scope of the enterprise, its more stable presence on the Bulgarian market and penetration into international markets.

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Overview

Status Closed (completion date)
Start date 04 Mar, 2020
End date 04 Mar, 2021
Contract date 04 Mar, 2020
View in UMIS

Financial information

Total cost 277,500.00
Grant 194,250.00
Self finance 83,250.00
Total paid 184,108.43
EU participation percent 85.0%

Location