Improving the production capacity of Poisson Dor Ltd

Poisson Dor Ltd. is a small enterprise for the production of high quality detergents and detergents. The company operates mainly on the Bulgarian market, but in recent years has focused on foreign. The aim is to offer high quality and health-friendly products, produced by a high-tech method and with care for nature. In forming its product range, Poisson Dor always strives to meet market demand. In this regard, after detailed studies on the Bulgarian and foreign markets, a suitable niche market was identified, including the production of water-soluble capsules with liquid detergents and detergents. In order to diversify its product range with this type of products, it is necessary to invest in a thermoforming packaging machine for packaging liquid chemical products in water-soluble (PVA) capsules. Water-soluble capsules with liquid detergents and detergents attract the interest of many customers, as they are widely used products, both in the household and in various types of business. Although the candidate has stable market positions, it encounters a number of difficulties that do not allow to increase the market share at national and European level. These difficulties are related to the lack of sufficient financial resources to be invested in additional technical equipment. Through the successful implementation of the project, the company will meet market expectations, improve its financial results, overcome competition and increase its export earnings. The implementation of this project proposal will give a strong impetus to the development and will improve the financial and economic indicators of Poisson Dor EOOD. The equipment provided for the implementation of the project activities is standard for European manufacturers, but expensive for companies from Bulgaria. The current project is part of the applicant's investment program, and the possibility of grant funding is crucial for the start of the project.

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Overview

Status In execution (starting date)
Start date 13 Jul, 2022
End date 13 Jul, 2023
Contract date 13 Jul, 2022
View in UMIS

Beneficiary

Financial information

Total cost 391,000.00
Grant 351,900.00
Self finance 39,100.00
Total paid 0.00
EU participation percent 85.0%

Location

Bulgaria, North and South East Bulgaria (BG3), North-West (BG31), Lovech (BG315), Lukovit, Lukovit