Alumina Elit 2003 EOOD on 14 January 2021 signed contract BG16RFOP002-2.077-0117-C01 with the Bulgarian Ministry of Economy to grant financial state aid for the implementation of the project “Supporting medium enterprises to overcome the economic impact of the COVID-19 pandemic”.

General purpose of the project: Providing operating capital for Bulgarian medium-sized enterprises for overcoming the impact of the COVID-19 pandemic.

Expenditure to cover applicants’ current needs and for raw materials, materials, fuel, labour, etc., whose value is added towards the value of ready products, is going to be covered using funds from Operational programme “Innovations and Competitiveness” 2014–2020, the total amount of the grant being 150,000 BGN, where 127,500 BGN comes from European and 22,500 BGN from Bulgarian co-funding schemes.

The results expected from the support under the procedure are expressed in accomplishing a positive effect regarding medium-sized enterprises for overcoming the economic impact of the COVID-19 pandemic.