Programme: Rural Development Programme

The investment amounts to BGN 31711.20 leva with VAT and includes the purchase of: Tractor FERRARI model CROMO K30 AR  with a total value of BGN 31711,20leva  including VAT. The technique will be purchased from AGRODIP Ltd., Plovdiv. The good relationship between price and quality features of the technique and the available spare parts network are the main criteria for choosing the supplier as well as the afore mentioned brands and models of agricultural machinery. This agricultural machine corresponds to the maximum extent of the needs and opportunities of the Theodor Milkov Todorov's farm for the development of the production.The technique subject to the investment will be used exclusively for processing the farm's own crops. The expected subsidy for it is 60% of the total eligible costs. To implement the project, Teodor Milkov Todorov has provided his own funds, 100% of the investment costs.
The economic effect of purchasing the new equipment on the business is proven in the current business plan. The purchase of new modern equipment will reduce the cost of external services, and hence mechanized processing and unit cost in general. This in turn leads to higher profitability of production.After realization of the investment, it is envisaged to restrict the dependence on performing external mechanized or manual labor whose use adversely affects the economic development of the holding, its profitability from agricultural activity and the quality of the production.