Programme: All

Hristo Petkov has investment intentions with which to apply under the program "Development of rural areas" 2014-2020 sub-measure "Investments in FARMING". The implementation of the project gives the Company the opportunity to modernize the material assets and production factors. Purchase of agricultural technological equipment consisting of tillage machinery aimed at developing the technological base and promoting innovation. The purchase of equipment is of key importance for reducing costs, for the production of better quality products with higher added value and for improving environmental protection. The company cultivates land in the region of commune. Kuklen, and Asenovgrad, for the previous business year the Company cultivated land within 1,200 - 1,500 decares. When harvesting very large areas, equipment is needed to be able to carry out all agro-technical measures on time, due to the great specificity of agricultural production and the necessary compliance with weather conditions, the purchase of equipment is tailored to the possibilities and the need. Lack of sufficient own equipment The company uses the services of smaller agricultural producers to carry out agro-technical activities, which is where the high costs for external services come from, with the purchase of tractors and trailed and mounted equipment, the company will reduce the costs of hiring external workers many times over contractors of soil treatment and crop planting services included in the Company's production and commercial program. According to the requirements of the "Investment in agricultural holdings" regulation, the Company undertakes, within three years after signing the financing contract, to cultivate areas in the amount of 1,200 decares. Building a sustainable agricultural holding with good agricultural practices to increase yields and the production of technical crops.