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On 1 July 2020, UAB Vendiplas signed a financing and administration contract for the project “Development of product designs for UAB Vendiplas”, project code No 03.3.1-LVPA-K-838-02-0015, under the measure “Dizainas LT” (Design LT) of the Operational Programme of the European Union Funds for Investment 2014-2020, Priority 3, “Promoting the competitiveness of small and medium-sized businesses”.
The aim of the project is to increase the efficiency and productivity of UAB Vendiplas by creating original designs for plastic furniture. This will enable the company to offer consumers new and better functional products, increase sales and productivity and maintain the company’s competitiveness on the market.
The new designs will allow the company to add to its product range and make it more attractive to the market. The project and the new product designs are expected to attract new customers, increase the company’s sales, profitability and productivity.
Financing of the project: The project budget sets the maximum amount of eligible costs for the project at EUR 42 240,00, with a maximum of EUR 30 000,00 from the European Regional Development Fund.
Project implementation period: March 2020 – December 2021.
For more detailed information, please contact:
Donatas Vasiliauskas
Director
(8 640) 53528
info@vendiplas.com