Innovation Implementation at MILCO Ltd under the “Competitiveness and Innovation in Enterprises” Programme 2021-2027

MILCO Ltd is implementing a project under the “Competitiveness and Innovation in Enterprises” Programme 2021-2027, focused on introducing into production an innovative horizontal milling and drilling machine featuring a multifunctional tool for milling and drilling operations.

The project is delivered within procedure BG16RFPR001-1.003 “Innovation Implementation in Enterprises”. Its goal is to strengthen MILCO’s manufacturing capabilities, improve process efficiency, and support long-term, responsible growth through the adoption of an innovative production solution.

Key project details

Programme: Competitiveness and Innovation in Enterprises 2021-2027
Procedure: BG16RFPR001-1.003 “Innovation Implementation in Enterprises”
Contract No.: BG16RFPR001-1.003-0303-C01
Implementation period: Dec 2024 – Mar 2026
Total budget: BGN 1,777,400.00
EU funding: BGN 799,830.00