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 that it is necessary to invest in the new design of the PET container manufacturing equipment FlexBlow2, thus making the product more attractive. 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.