Programme: Recovery and Resilience Plan

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 growing requirements in terms of quality and cost of the final products . To achieve this, the implementation of the current project is planned, aimed at increasing the efficiency of production processes, achieving higher productivity and optimizing the production chain.
The investment project envisages the implementation of new technologies to improve and expand the production process by purchasing a new asset. The project will be implemented through the implementation of the following complex of activities permissible under the procedure for:
- digitization of production processes;
- improvement of existing products;
- implementation of new technologies to improve the production process, which represent an investment in TFA related to expanding the capacity of the existing business facility.
The project activities and expected results will contribute to effectively overcoming the problems and limitations to the development of the company and increasing its competitiveness, related to insufficient production capacity, use of morally outdated technologies, high production costs and lower quality of production. The implementation of the new asset will automate and optimize the processes, as a result of which the production cycle will be accelerated, the quantity of products will be increased, and the deadlines for the fulfillment of the orders will be shortened. The realization of the project investment will guarantee the repeatability of the production quality, which will contribute to increasing the confidence of consumers and expanding the market share.
The project has a completion period of 12 months and has a total value of BGN 663 000.00 excluding VAT.