TREMOL SMD Ltd concluded contract No. BG16RFPR001-1.003-0484-C01 for the provision of financial grant assistance under procedure BG16RFPR001-1.003 "Implementation of innovations in enterprises" under the Program "Competitiveness and Innovation in Enterprises".

The main objective of the project is to increase the efficiency of production processes, competitiveness, productivity growth, reduction of production costs, and expansion of the company’s operations through the implementation of innovative technologies.

The main activity is the acquisition of new technological capabilities with a focus on innovation in production processes with a view to expanding production capacity.

The expected impact on the applicant company is an increase in the company’s economic potential and the creation of conditions for growth and development through the implementation of innovative technologies to expand company activity.

Total project value: BGN 797,200.00, of which BGN 358,740.00 is European funding from the Recovery and Resilience Facility (RRF).

Start: December 2024

End: March 2026