Co-financing from the European Union
Co-financing from the European Union
SIDORENKO FOODTECH Ltd. has concluded Contract No. BG16RFPR001-1.003-0235-C01 for the provision of non-repayable financial assistance under procedure BG16RFPR001-1.003 “Implementation of Innovations in Enterprises”.
Main objective
The main objective of the project is to increase the innovation capacity and competitiveness of SIDORENKO FOODTECH Ltd. within the thematic area of the Smart Specialisation Strategy (S3) 2021–2027, by acquiring the capacity to implement a nationally innovative process – the treatment of printed sausage casing in the corrugation process with a natural and safe product – high-oleic sunflower oil of Bulgarian origin.
Main activity
The main activity is the implementation of a process innovation in SIDORENKO FOODTECH Ltd. through the acquisition of machinery, facilities, and equipment representing tangible fixed assets under Element A.
Expected effect
The expected effect is the production of a safe end product, ensured flexibility with regard to customer orders, increased competitive advantage, and higher market realisation of the final product.
Total project value: BGN 1,760,247.00, of which BGN 792,111.15 is European funding from the European Regional Development Fund (ERDF) through the “Competitiveness and Innovations in Enterprises” Programme 2021–2027.
Start date: 10.12.2024
End date: 10.03.2026