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, aiming at diversifying the products offered by the company and achieving high efficiency of the production processes.
The investment project envisages the implementation of new technologies for the production of a new product by purchasing the asset described in the budget. The project will be implemented through the implementation of the following complex of activities permissible under the procedure for:
- digitization of production processes;
- diversification of manufactured products;
- implementation of new technologies, which represent an investment in TFA related to diversification of activity.
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 for expanding and diversifying the activity. The implementation of the new asset will automate processes, as a result of which it will ensure an optimized production cycle in terms of time and resources invested in production. The implementation of the project investment will guarantee the repeatability of the production quality, which will allow the entry into a new market niche and the expansion of the market share.
The project has a completion period of 12 months and has a total value of BGN 360,000.00 excluding VAT.