PROJECT No. 03.3.1-LVPA-K-803-02-0019 “Implementation of Modern Technologies by Creating New Production Capacities for the Production of New Products”
UAB Umaras is implementing the project “Implementation of Modern Technologies by Creating New Production Capacities for the Production of New Products” (Contract No. S-03.3.1-LVPA-K-803-02-0019) in accordance with Measure No. 03.3.1-LVPA-K-803 “Regio Invest LT+” of Priority 3 “Promotion of the Competitiveness of Small and Medium-Sized Enterprise” of the European Union Funds Investment Operational Programme for 2014–2020. Amount of funding allocated: EUR 188,578
The aim of the project is to increase the company’s investment in innovative production technologies, thereby creating conditions for the company’s productivity to grow
UAB Umaras is seeking to increase its production volumes, develop new products and expand the company’s product range. Therefore, during the implementation of the project, the company is planning to purchase modern equipment that will allow it to produce bags from 2 prototypes created during previous projects. A direct result of the company’s project is the creation of 6 new high-quality long-term jobs.
Commencement of the project activities: 15/09/2017
End of the project activities: 01/09/2018
Director of Finance and Economics