The main objective of the project is to increase the company’s competitiveness by implementing improved products obtained in an innovative process based on research work of the Research and Development Department. Specific objectives have been set for achieving the main objective: —increase of investment, -implementation of process innovation (principal change of process), product and non-technological development, -implementation of R & D works, -increase of employment, -improvement of health and safety conditions, -development of exports, -increase of revenues, -development of activity taking into account CSR principles. As part of the project, the following equipment will be purchased: sewage water treatment, laboratory dispenser, mini laboratory mixer, software, software dispenser with software, spindle mixer, roller slide system, line automation software, computer set and software spectrophotometer. The project will implement the results of R & D. There will be an increase in the company’s competitiveness through the application of innovations on a European scale.