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TG Technika, UAB, implements a project partly financed by the European Union

TG Technika, UAB, is currently implementing the project No. 13.1.1-LVPA-K-860-01-1505 (hereinafter – the Project) “Implementation of the e-commerce model in the company TG TECHNIKA, IĮ, co-financed by the European Union structural funds.

The aim of the project is to introduce information technologies for managing business transactions electronically in order to digitise sales processes.

The project has a budget of EUR 20,960.00, financed by the EU Investment Fund “Promoting actions to tackle the COVID-19 pandemic crisis and preparing for an environmentally friendly, digital and sustainable economic recovery.

The company specialises in the design and manufacture of technological equipment for surface preparation and coating. Main product areas: automatic shot-blasting machines, shot-blasting chambers, powder coating production lines, industrial coating-drying chambers.

The estimated duration of the project is 12 months.

TG Technika, UAB, implements a project partly financed by the European Union “Search for new foreign markets and expansion of existing ones”

The project is partly financed by the European Regional Development Fund under Priority 3 “Promoting the Competitiveness of Small and Medium-Sized Enterprises” of the Operational Programme for the Investment of the European Union Funds for the period 2014-2020, under the project No. 03.2.1-LVPA-K-801 “New Opportunities for LT”.

The total value of the project amounts to €93,764.00, of which €45,000.00 is from the European Regional Development Fund and €48,764.00 from the company’s own contribution.

The aim of the project is to strengthen the competitiveness of TG Technika, UAB, to achieve stable revenue growth by increasing sales oriented towards foreign markets and to ensure high profitability.  Over the long period of its operation, the company has identified that participation in international exhibitions to present its products/services to foreign markets is the most effective way to develop exports. The project will take the company to 9 international exhibitions, including Estonia, Ukraine, Turkey, Norway, Latvia, Poland, Germany and Denmark. The selected countries and exhibitions are strategically important for the growth of the company’s business volumes and the added value generated by exports.