Increasing the production capacity and expanding the export potential of Balkantel Ltd.
BALKANTEL Ltd is implementing a project for the provision of a grant under a procedure BG16RFOP002-2.040- “Improving production capacity in SMEs”, Operational Program “Innovation and Competitiveness” 2014-2020
Project name:
Increasing the production capacity and expanding the export potential of Balkantel Ltd.
Main goal:
Increasing the production capacity of Balkantel Ltd. for the production of systems for monitoring the management of highly responsible processes, enhancing its competitiveness and enhancing its export potential.
Specific goals:
- Investments for expanding the production capabilities of Balkantel Ltd.
- Development of stand for automated testing and storage of monitoring systems for critical communications
- Expansion of the export potential of the company
- Optimization of the production of specialized products for monitoring the management of critical processes.
Budget:
The project is implemented with the financial support of Operational program “Competitiveness and Innovation”, co-funded by the European Union through the European Regional Development Fund and the national budget of Republic of Bulgaria.
Total ammount: 1 270 000 BGN, of which 647 700 BGN EU funding, 114 300 BGN national funding and 508 000 BGN self-funding.
Location of implementation: Vratsa, Bulgaria
Start date: 03.02.2020.
End date: 03.02.2021.