Programme: Innovations and Competitiveness

The company MILEN TSOKOV EOOD from the town of Pleven was founded in 1990.The main business operations of the company include the production of polyethylene shrink film, polyethylene bags, covering films, sacks and bags for the clothing industry. Due to the diversity of the products, as well as the production of films and bags on individual orders and the specificity of the clients, the company’s products will be combined in two groups: “Polyethylene shrink film” and “Polyethylene bags and sacks for the clothing industry.” The company’s production process is carried out in its own newly-built factory with an area of 980sq. m., located on a terrain with an area of 1800 sq. m.In 2014 and currently, production capacities are loaded 100%; however, the company has no capacity to take on all orders and execute them in the volumes and deadlines demanded by clients.This requires urgent measures to increase production capacity. With the implementation of the current project, the company’s production capacity will be increased by 50% through the purchase and integration of an extruder for the production of low-density (LDPE) and high-density (HDPE) polyethylene film. As a result of the extruder’s integration in the production process, at the end of the three-year period of the business plan, MILEN TSOKOV EOOD’s production will be increased by 35% compared to 2014. Moreover, increased capacity will result in an international markets export opportunity and realization of at least 10% exports from total production volumes.Project activities include a procurement procedure (to be carried out in accordance with the procedure described in the Guidance on the Implementation of Grant Contracts financed under Operational Program “Innovations and Competitiveness” 2014 and Decree of the Council of Ministers No. 118 from 20.05.2014), delivery, installation and commissioning of the machine.Total value of the investment is BGN 222 377,87 VAT excluded.Planned project duration is 18 months.