The new product will be rectangular fire safety valves with greater heat resistance and experimental technologies – a fully automated production line of valves.In implementing the project the company will gradually increase investments in research, development and innovation in accordance with the Smart Specialisation Strategy, creating two new research and development workplaces and carrying out experimental research of the new product and technology. The project duration will be 47 months.The total project costs are estimated at EUR 1 640 320.15, including eligible costs of 1 597 234.