Measure: Eco Innovations LT+
Eligible Expenditure: 876,735 EUR
Funding Amount: 394,530 EUR
EU funding will enable the company to acquire equipment that will allow for the production of updated products following eco-design principles. The acquired equipment will help reduce the amount of raw materials used in production, lower energy consumption, decrease the quantity of harmful substances used in manufacturing, reduce waste management costs, and minimize environmental pollution.
The acquired equipment will improve product quality, introduce new processing technologies, and thereby extend the lifespan and life cycle of the products. It is expected that implementing these technological innovations will enhance the company’s productivity and competitiveness, as well as strengthen its corporate image.
Funded by the European Regional Development Fund.
Project implementer: UAB Siteks