„TANGRA-AV Ltd.“ is the final beneficiary under project No. BG-RRP-3.004-0070-C01 „Technological Modernization in the Enterprise“, implemented under procedure BG-RRP-3.004 „Technological Modernization“ from the Economic Transformation Program (ETP) within the National Recovery and Resilience Plan – with financial support from the Recovery and Resilience Facility of the European Union through the NextGenerationEU instrument.
The total value of the project is BGN 517,730.00, of which BGN 258,865.00 is grant funding — European funding through the NextGenerationEU instrument. The project has a total duration of 12 months, with a start date of April 10, 2023.
In support of the main economic activity under NACE Code 28.25, the project will involve the acquisition of new sheet metal punching technology — a Digital Punching Machine (1 unit). Through the digitalization of the punching operation and expansion of capacity as the first step in the overall production process, this investment will increase the total production capacity, as well as the company’s ability to execute HVAC projects within shorter deadlines, with excellent quality and at a competitive price.
The project will achieve the objectives of the procedure, related to improving the efficiency of production processes, increasing productivity, reducing production costs, optimizing the production chain, and creating conditions for the growth and development of the enterprise through the digitalization of production processes aimed at expanding capacity — all without causing significant harm to the environment. The investment under this procedure is fully aligned with the requirements of the “Do No Significant Harm” principle regarding environmental impact.
“This publication was created with the financial support of the European Union – NextGenerationEU. The entire responsibility for the content of this document lies with TANGRA-AV Ltd., and under no circumstances can it be considered to reflect the official position of the European Union or the ETP Joint Secretariat under the Ministry of Innovation and Growth.“
