Alumina Elit 2003 EOOD has signed contract BG16RFOP002-6.002-0124-C01 dated 16.09.2022 for the provision of non-grant financial assistance with the Managing Authority of the Operational Program "Innovations and Competitiveness" 2014-2020, with the subject of project implementation: "Restoration of SMEs /small and medium enterprises/ by improving energy efficiency".

General purpose of the project: Providing focused support to Bulgarian small and medium-sized enterprises to recover from the economic consequences of the spread of the COVID-19 pandemic by improving their energy efficiency.

The costs for 785 sq.m. heat insulation with heat insulation plates from EPS on all walls to the outside air of a building owned by Alumina Elit EOOD, included in the List of eligible categories of assets (Appendix 18.1) from procedure BG16RFOP002-6.002 "Rehabilitation of SMEs by improving energy efficiency" will be covered by funds under the Operational Program "Innovations and Competitiveness" 2014-2020, with the total eligible costs being BGN 135,412.50, of which the grant is BGN 67,706.25 (BGN 67,706.25 European and BGN 0.00 national co-financing).

The expected results of the support under the procedure are expressed in improving the energy efficiency of SMEs, which, in turn, will help overcome the economic consequences of the spread of the COVID-19 pandemic, increase competitiveness and lower energy intensity both at the level of individual production enterprises, as well as for the economy in general.