"ARISTON-S" Ltd. started a project for introduction of innovative product -
„AdventureS”

On 18.01.2017, a contract for grant financial aid № BG16RFOP002-1.001-0409-C01 under the Operational Programme "Innovation and Competitiveness" 2014-2020, procedure BG16RFOP002-1.001 "Support for the introduction of innovations in enterprises", was signed between "ARISTON-S" Ltd. and the Ministry of Economy, name of the project “Introduction of innovative women jacket for extreme tourism and sport by “ARISTON-S””.

The main objective of the project is to enhance the innovation capacity of the company by diversifying its product portfolio and the introduction of completely new for Bulgaria and Europe product - innovative women jacket for extreme tourism "AdventureS" made from protective membrane fabric Sympatex® with built-in GPS for tracking and solar panel for charging mobile devices. The product is a completely own development by the team of the company, which is evidence for its innovative capacity.

Within the project, it is provided the acquisition of specialized equipment necessary for the introduction of the innovative product "AdventureS" into the production of the company. The successful implementation of the project will allow "ARISTON-S" Ltd. to achieve the mass realization of the innovative product "AdventureS", enrich its product portfolio and enter into a completely new market segment - that of the sportswear. The project implementation will improve the overall innovation activity of the enterprise, which in turn will increase its competitiveness.

The total cost of the project is 365 000.00 leva, 328 500.00 leva of which is grant financial aid (279 225.00 leva financed by the EU funds and 49 275.00 leva financed by the national budget) and 36 500.00 leva own financing.