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project info
Start date: 11 April 2017
End date: 31 January 2018
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 16 528,93 €
EU contribution: 8 264,00 € (50%)
programme
Programming period: 2014-2021
Managing authority: Finansų ministerija

Investment in quality inspection equipment design

UAB “Terekas” is the largest PET container manufacturer in the Baltic States. The main activity of the company is the production and sale of PET containers, the production of equipment for the production of plastic containers. In order to remain competitive as a manufacturer of PET container forming equipment, the company is constantly innovating with higher added value for its customers. The company feels the need to invest in a new design of workpiece quality inspection equipment and thus increase the attractiveness of the product. It is expected that successful implementation of the project and investments in UAB “Terekas” product design will allow to increase revenue and net operating profit.

Flag of Lithuania  Klaipėdos apskritis, Lithuania