Programme: Innovations and Competitiveness

The increase in competitiveness and the expansion of market positions, characterized by a high intensity of competitive struggle, require continuous improvement of the technological process in order to respond to the current trends in the industry, the dynamics in the development of consumer demand and the established requirements for final products. In response to these criteria, the candidate company encounters difficulties in some of the stages of the production process, as it uses morally outdated technologies, which complexly leads to high production costs, non-competitive products compared to others in the sector and the inability to expand the range of products.
In view of the above, the implementation of the present project is foreseen, with the main goal of digitization of production processes, expansion of production capacity and diversification of the offered products, which will be implemented through the implementation of digitized technologies in the work process. The investment project envisages the implementation of new technologies to improve and expand the production process, through the purchase of new assets. The project will be implemented through the implementation of the following complex of activities permissible under this procedure for:
- digitization of production processes;
- adding new features or improving existing products;
- implementation of new technologies to improve the production process, which represent an investment in DMA related to expanding the capacity of the existing business facility.
The project has a completion period of 12 months and has a total value of BGN 1,395,653.80 excluding VAT.
Successful implementation, requiring realistic planning of the entire process and a balanced distribution of activities in time, tied to the goals set in the project, guarantee the achievement of the expected results, as a result of which the company plans to increase its revenues in the coming years.