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Stili Road Ltd. signed a contract with the Ministry of Economy for receiving a grant

23.02.2018

Stili Road Ltd. signed a contract for receiving a grant with the Ministry of Economy . Part of the structure of the Ministry is General Directorate "European Funds for Competitiveness" which is the managing authority of Operational programme “Innovations and Competitiveness” 2014-2020.
 
 
Stili Road Ltd. runs the project “Improving Competitiveness of Stili Road Ltd. by Implementing Energy Efficiency Measures” as beneficiary under the procedure “Improving Energy Efficiency in Large Enterprises” BG16RFOP002-3.002 under OP “Innovations and Competitiveness” 2014-2020.
 
Using the resources for project “Improving Competitiveness of Stili Road Ltd.” the beneficiary gets the opportunity to invest in one energy efficient machine - hot asphalt mixing plant and two excavators.
 
With executing the project, the following goals will be fulfilled:
 
     Improving the energy and resource efficiency 
     Modernizing the production technologies
     Protection of the environment
     Improving the competitiveness of Stili Road Ltd.
 
The worth of the project BG16RFOP002-3.002-0078 is 4 247 109.00 BGN excluding VAT, the grant is up to 2 123 554.50 BGN which is 50% of the total eligible costs.Stili Road Ltd. signed a contract with the Ministry of Energy for receiving a grant