Bio Chance EOOD was registered in 2020 with its headquarters in the city of Sliven. The main activity of the company is the production and sale on the Bulgarian market of 100% environmentally friendly organic fertilizer - biostimulant, applicable to all agricultural crops, including cover crops, ornamental crops, meadows and pastures. Bio Chance EOOD operates in its own production facility in the village of Sotirya, Sliven municipality, "Mandrata" locality. The total area of the facility is 9300 sq. m., of which 3500 sq. m. are built-up areas and represent a massive building with separate production premises, built before 1987. The main goal of the project is to improve the energy efficiency of Bio Chance EOOD through investments in energy-efficient insulation systems in buildings to accelerate the company's transition to climate neutrality, reduce the carbon footprint and optimize energy consumption. Specific objectives: to optimize the amount of electricity used by the enterprise; to reduce electricity costs; to achieve a lower cost of manufactured products; to increase the competitiveness of the enterprise and to create prerequisites for the implementation of new investment intentions. The investment that the company will implement is consistent with the requirements of the principle of "do no significant harm" to the environment and the achievement of climate sustainability, contributing to the ecological transition in the enterprise's activities. The project is fully consistent with the main objective of the project selection procedure BG16RFPR001-2.004 and will contribute to achieving specific object: RSO2.1. Promoting energy efficiency and reducing greenhouse gas emissions (ERDF) of Priority: 2. Circular economy of the Competitiveness and Innovation in Enterprises Programme 2021-2027, as well as to achieve specific object (i) promoting energy efficiency and reducing greenhouse gas emissions, which is one of the Policy Objectives set at European level.
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