Participation in the Structural EU Funds

The company also participates in the structural EU funds.

The first programme is: Technology and Management Improvement of Enterprises under Operational Programme Development of the Competitiveness of the Bulgarian Economy 2007 – 2013, Contract with a Small and Medium Enterprises Promotion Agency No. BG161PO003-2.1.04 Technological Upgrade of Small and Medium-sized Enterprises, and on 9 February 2016, HIDROPLASTFORM OOD concluded an agreement with the Ministry of Economy at the Directorate General European Funds for Competitiveness, Grant Agreement for Project Implementation under Procedure BG16RFOP002-2.001 Improvement of Production Capacity is SMEs under Operational Programme Innovations and Competitiveness 2014 – 2020.

The Agreement is registered under ID No.: BG16RFOP002-2.001-0915-C01 and is valid for 12 months.

The main purpose of both project offers is improvement of the production processes and enhancement of the export potential of HIDROPLASTFORM OOD. With the performance of the activities under the project, the company aims to develop the potential for a competitive and effective production, to increase the economic effect and to achieve the stable model of economic growth.