Plan for recovery and sustainability
On June 2, 2023, a grant agreement was signed between “BRB – ENGINEERING” Ltd. and the Ministry of Innovation and Growth, General Directorate “European Funds for Competitiveness” in connection with the implementation of project BG-RRP-3.005-2313-C01 “Solutions in the field of information and communication technologies and cybersecurity in small and medium-sized enterprises.”
The project is carried out with the financial support of the European Union’s Recovery and Resilience Mechanism through the Economic Transformation Program under the “Intelligent Industry” component of the National Recovery and Resilience Plan of the Republic of Bulgaria, procedure for granting non-repayable financial assistance RRP-3.005 “Solutions in the field of information and communication technologies and cybersecurity in small and medium-sized enterprises.”
The purpose of the project is to provide focused support to “BRB – Engineering” Ltd., which will contribute to accelerating the company’s transition to digitalization through the implementation of information and communication technologies and solutions that ensure an increase in the level of digitalization.
The expected result from the implementation of the project and the support under the procedure is to increase the level of integration of digital technologies in the company’s activities and to improve its readiness for the subsequent adoption of Industry 4.0 technologies.
Additionally, the investments under the project will comply with the requirements of the “Do No Significant Harm” principle to the environment, contributing to the ecological transition through the accelerated application of digital technologies in the company’s activities.
Contract duration: 12 months (June 2, 2023 – June 2, 2024)
Place of implementation: Stara Zagora
Contract value: 20,000 BGN
Grant amount: 20,000 BGN