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Programme: Programme "Competitiveness and Innovation in Enterprises" 2021-2027

Planning region: All

Description

SIKO - S Ltd.'s project plans the construction of a photovoltaic system with an installed capacity of 195 kWp within the company's commercial and warehouse base in Veliko Tarnovo. The main goal is to enhance energy independence and sustainability by implementing renewable energy sources that provide stable electricity supply for both current and future business needs.

SIKO - S Ltd. operates in the retail sector, specializing in sanitary ceramics for home and industrial use, while maintaining substantial commercial and warehouse infrastructure. This operation requires a continuous energy supply for lighting, air conditioning, warehouse and office equipment, as well as for information systems. The high and fluctuating energy costs impact the operational efficiency and financial stability of the company.

Implementing its own renewable energy infrastructure at the company's base in Veliko Tarnovo will enable SIKO - S Ltd. to reduce its dependence on external suppliers, optimize costs, and gain better control over the energy balance of the facility. The project is expected to support the sustainable management of commercial and logistical processes, reduce the carbon footprint, and assist in achieving the company’s environmental goals aligned with national and European energy efficiency and renewable energy policies.

Financial support will allow SIKO - S Ltd. to modernize its base with modern technologies and energy-efficient solutions without imposing additional operational costs. The investment will accelerate technological transformation, enhance the company's competitiveness, and strengthen its position as a responsible and sustainable market participant, supporting the transition to a low-carbon economy.

The project provides energy stability and sustainability, demonstrating an example of green technologies and sustainable development on both regional and national levels.


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Notes:

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All amounts are in euro (EUR) / 1 EUR = 1,95583 BGN
The project is financed by the Operational Programme "Technical Assistance" and co-financed by the European Union through the European Regional Development Fund.
In implementing the project № 0115-CCU-2.1 "Information system for management and monitoring of EU funds in 2014-2020 - UMIS 2020" (BG161PO002-2.1.01-0007-C0001).
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