EU INVESTMENT
The opportunity to receive €71,382.43 in support from the joint project "Investment Support for Onshore Solar Power Plants" after submitting an application to the Lithuanian Energy Agency prompted UAB "PANEVĖŽIO LIRONTA" to plan the installation of a 190 kW onshore solar power plant.
The joint project is being implemented under the economic recovery and resilience plan "New Generation Lithuania," financed by the European Union's economic recovery and resilience facility "NextGenerationEU."
UAB Panevėžio Lironta is implementing a project under the progress measure "Creating a consistent system for promoting innovative activities" "Promoting the development of non-technological innovations (Central and Western Lithuania region)", which aims to create and implement 8 organizational, 3 process innovation, and 2 original product design innovations that will increase the company's integration into international value chains. The innovations created during the project will ensure consistent company development and growth in export revenue, and the company will have the tools to respond more flexibly to external factors.
The project is partially funded by the European Union. The project is financed by the European Regional Development Fund.
Project title: "Creation and implementation of non-technological innovations at UAB Panevėžio Lironta to increase the company's integration into international value chains";
Project implementer: UAB Panevėžio Lironta;
Project implementation period: 2024/11 – 2026/11;
Total project budget: 286 650 EUR, of which 103 194 EUR is financed by the European Union.
UAB Panevėžio Lironta is implementing the project "Modernization of the plastic product manufacturing process by introducing energy efficiency measures."
The project will contribute to reducing primary energy consumption and greenhouse gas (GHG) emissions. This will contribute to Lithuania's overall impact on climate change, clean and fair energy, the promotion of a circular economy, adaptation to climate change, prevention and management of the risks of extreme weather events, and the problem of air pollution and efficient use of resources. The annual increase in energy consumption and rising energy prices encourage the company to assess its energy consumption and opportunities to use energy more efficiently by increasing energy efficiency. Also, taking into account the establishment of global trends in sustainable consumption and environmental friendliness among both competitors and end users, the company is encouraged to seek various measures, technologies, and processes that are environmentally friendly and reduce GHG emissions. UAB Panevėžio Lironta has conducted an energy consumption audit and, based on the recommendations provided therein, plans to install equipment that will enable the company to consume energy more efficiently and reduce GHG emissions by more than 30% in its technological processes.
The project is being implemented under the 2021–2027 European Union Funds Investment Program, Progress Measure No. 05-001-01-04-02, "Encouraging Companies to Transition to a Climate-Neutral Economy," activity "Increasing Energy Efficiency in Industrial Companies."
The total value of the project is € 2,176,255, of which € 1,077,535 is allocated from the European Regional Development Fund.
Project implementation period: August 26, 2024, to August 26, 2027.
E. Implementation of decisions on the conclusion of sales transactions
UAB Panevėžio Lironta is implementing a project under the progress measure "Encouraging companies to digitize," which aims to create and implement an e-sales transaction solution for customers to place orders, view information about the progress of their orders, and pay for completed orders.
The project will contribute to the digitization of the company's operations and increase its competitiveness.
The project is financed by the European Regional Development Fund.
Project title: "Implementation of e-sales transaction decision-making solutions at UAB Panevėžio Lironta";
Project implementer: UAB Panevėžio Lironta;
Project start date: 2024-03-29;
Poject end date: 2025-04-30;
Total project budget: EUR 44 501.30, of which EUR 22 250.6 is financed by the European Union.
IMPLEMENTATION OF TECHNOLOGICAL ECO-INNOVATIONS AT UAB PANEVĖŽIO LIRONTA
The implementation of eco-innovations is carried out in accordance with the European Union investment measure "Eco-innovations LT+". The implementation of the project will enable the company to contribute to improving the environment by reducing the impact of its economic activities on the environment. During the project, equipment will be purchased and installed that will reduce the cost of primary raw materials in the production process and increase the use of secondary raw materials in production processes.
Once the project is implemented, steel corrugated pipe manufacturing equipment will be purchased, which will reduce the cost of raw materials in production.
The project is financed under Measure No. 03.3.2-LVPA-K-837 "Eco-innovation LT+" of the 2014-2020 European Union Funds Investment Action Program. Project number – 03.3.2-LVPA-K-837-03-0065.
The project is partly financed by the European Regional Development Fund. The allocated funding amounts to EUR 50 759.45 of the project value.
IMPLEMENTATION OF DIGITAL TECHNOLOGIES IN PRODUCTION AT UAB PANEVĖŽIO LIRONTA
The implementation of digital technologies in production is carried out under the project "Industrial Digitization LT," which is partially financed by the European Regional Development Fund. The implementation of the project will enable the company to increase its productivity, product range, sales and export volumes, and competitiveness in Lithuanian and foreign markets. During the project, a technological audit is being carried out and, based on its recommendations, equipment is being purchased and installed that will reduce production costs, enable more efficient use of resources, and apply the most advanced solutions in the field of metal product manufacturing and mechanical processing.
Once the project is implemented, a new metal fastener production line will be installed, which will ensure an increase in the company's productivity and the development of digital technologies within the company.
The project is financed under the 2014–2020 European Union Funds Investment Action Program No. 03.3.1-LVPA-K-854 "Industrial Digitization LT" measure. Project number – 03.3.1-LVPA-K-854-03-0045.
The project is partly financed by the European Regional Development Fund. Funding of up to EUR 228,700 has been allocated for the project.
IMPLEMENTATION OF MODERN PRODUCTION TECHNOLOGIES AT UAB PANEVĖŽIO LIRONTA
The implementation of modern production technologies is carried out in accordance with the European Union investment measure "Regio potencialas LT". The implementation of the project will enable the company to increase its productivity, sales and export volumes, as well as its competitiveness in Lithuanian and foreign markets. During the project, equipment will be purchased and installed that will reduce production costs, enable more efficient use of resources, and apply the most advanced solutions in the field of plastic tube production.
Once the project is implemented, stainless steel reinforcement fastener manufacturing equipment will be purchased, which will ensure an increase in the company's productivity and revenue.
The project is financed under Measure No. 03.3.1-LVPA-K-854 "Regio potencialas LT" of the 2014-2020 European Union Funds Investment Action Program. Project number – 03.3.1-LVPA-K-850-01-0065.
The project is partly financed by the European Regional Development Fund. The allocated funding amounts to EUR 139,330 of the project value.