“Hydravlon-1” Ltd. signed Grant Agreement No. BG16RFOP002-6.002-0695-C01 for the project “Recovery of SMEs through improved energy efficiency”. The contract is under procedure BG16RFOP002-6.002 – “Recovery of SMEs through improved energy efficiency” and is funded by the Operational Program “Innovation and Competitiveness” 2014-2020, co-financed by the European Union through the European Regional Development Fund.

The objective of the project is to provide focused support to Bulgarian small and medium-sized enterprises for recovery from the economic consequences of the COVID-19 pandemic by improving their energy efficiency.

Total value: 272,730 BGN, of which 136,365 BGN is European and national co-financing.

The project started on September 16, 2022, and has a duration of 10 months.