BALKANTEL LTD implements a project for providing grants under procedure BG16RFOP002-2.040 – Improving the production capacity of SMEs of the Operational Program “Innovation and Competitiveness” 2014-2020
Name of the project: 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, increasing its competitiveness and strengthening its export potential.

Specific objectives:

  • Making investments for fixed assets and fixed assets for expanding the production capabilities of Balkantel Ltd.
  • Development of a stand for automated testing and storage of systems for monitoring highly responsible communications
  • Expanding the export potential of the company
  • Optimizing the production of specialized products for monitoring the management of highly responsible processes

Budget: The project is implemented with the financial support of the Operational Program Innovation and Competitiveness, co-financed by the European Union through the European Regional Development Fund and the national budget of the Republic of Bulgaria.
Total value: BGN 1,270,000, of which BGN 647,700 European, BGN 114,300 – national financing and BGN 508,000 – own financing.
Place of execution: Vratsa
Begining: 03.02.2020

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