Neterra Has Launched a Technological Modernization with the Support of the EU

On April 10, 2023, Neterra signed a Financing Agreement No. BG-RRP-3.004-1799-C01, which launched the implementation of the Project “Technological Modernization in the Enterprise” under the Economic Transformation Program of the National Recovery and Resilience plan for Bulgaria, procedure No. BG -RRP-3.004 “Technological modernization” of the Recovery and Resilience Mechanism (RRM).

  • The total value of the project is BGN 760,500, of which 50% is free funding from the RRM, in the amount of BGN 380,250.
  • The duration of the project is 12 months.
  • The goal of the project is to increase the efficiency of production processes in the enterprise and to reduce production costs.

The company plans to expand production capacity by investing in a precision air-conditioning system and switchgear system. The investment will be in equipment of the latest generation, using modern technologies, in accordance with the EU environmental protection requirements specified in the application documentation.

After the implementation of the new systems and equipment, the company will increase and improve its available technological capabilities and thus increase its capacity to reliably offer high-quality telecommunications services.

About Neterra

Neterra is a global connectivity and telecom solution provider, trusted by some of the world’s largest companies, as well as small and medium-sized businesses. The company has been providing international connectivity, network management services, and security for 27 years across its network of over 200 locations in more than 65 countries. Neterra delivers a range of fast, reliable, and secure Internet access and connectivity services. It offers IT services, servers for rent, a flexible cloud platform, DDoS protection, and a platform for GPS tracking and reporting toll fees. Neterra owns and operates four data centers and represents NetIX, the Global Internet Exchange Platform, all with expert 24/7 support.