“The project will receive funding through the 2014-2020 Competitiveness Operational Program (COP). The project is worth a total RON4.9 million, of which non-refundable financial assistance exceeds RON3.8 million – the equivalent of 77.7% of the total eligible value approved”, according to representatives of Ascendia, listed on the AeRO market of the Bucharest Stock Exchange.
Ascendia officials also said the company plans to use both own resources and money raised through various financial instruments, including bond issues, depending on the needs of the project.
The project targets to develop an information product intended for the quick and efficient access of everybody involved to all information regarding the warranty of a product, service or process.