Somlita

Closed joint-stock company Somlita in 2018 October 10 started to implement the project 'Modernization of the Company's production processes by increasing labor productivity and operational efficiency indicators'. The aim of the project is to acquire innovative technological equipment with integrated digital solutions and thus contribute to the renewal of the production base, increase of capacity and productivity, reduction of direct production costs. During the project, the main production processes will be modernized, their control and monitoring system will be installed, which will improve the quality of products, reduce the probability of defects and the amount of waste generated during the production process.

The financing and administration agreement with the Lithuanian Business Support Agency was signed in accordance with the 2014–2020. Measure No. of the European Union Funds Investment Operational Program Priority 3 “Promotion of Small and Medium Business Competitiveness” 03.3.1-LVPA-K-854 “Industrial Digitization LT”.

Project financing - 952 thousand. From the European Regional Development Fund.

Project implementation period - from 2018. October 10 until 2020 January 31