Programme: Recovery and Resilience Plan

The current project proposal is aimed at improving the production processes of the company "Geohydrodrill" EOOD - the beneficiary of the project proposal - by optimizing and digitizing the production processes, improving the services offered and increasing the production capacity of the company. As a small enterprise developing activity in the field of engineering activities and technical consultations (a priority for the National Strategy for Small and Medium-sized Enterprises 2021-2027) - a high-tech and global sphere of activity, the company faces serious competition, especially on the regional market.

For this reason, it is necessary to strengthen the positions in the domestic markets, by implementing new technologies to improve production processes and resource efficiency and modernize the services offered by "Geohydrodrill" EOOD.

The overall goal of the project - achieving more efficient production processes in the activity of "Geohydrodrill" EOOD and establishing a sustainable model of growth and expansion of its business, will be achieved by purchasing modern equipment and apparatus for improving resource efficiency, tsofrovization and increasing the volume of services offered by the company.

The expected results of the implementation of the project are the achievement of digitization and diversification of the production processes and the services offered, as well as an increased capacity for the performance of the beneficiary's activities;
The achievement of these results, in turn, will lead to the restoration of the economic positions of "Geohydrodrill" EOOD, as well as the achievement of growth and expansion of the activity.