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PUBLICATION OBLIGATIONS

With reference to the publication obligations (provided for by Article 1, paragraphs 125 and 126 of the Italian Law 124/2017) by the beneficiaries of grants, contributions, paid assignments and in any case public economic benefits, the company Teuman Sas informs that during calendar year 2018 obtained a Tax Credit for Research and Development activities MEF Decree of 27/05/2015, for the following projects:

1st PROJECT

Prototype of operating machine (patent application) for the removal of the metal wire from bale opening equipment used in the waste disposal and plastic processing sector.

2nd PROJECT

Discontinuous unloading press with innovative double loading system equipped with remote management.

The tax credit for the two projects was € 171,374.99 (on Research and Development costs pertaining to year 2017 for a total of € 342,749.98).

Of the related tax credit in the course of year 2018 € 138,260.28 have been utilized.

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