ES

On 21 September 2021, NIROBALT AB signed a support contract for the project No 19VK-KV-20-1-08276-PR001 under the project within the framework of the measure of the Lithuanian Rural Development Programme 2014-2020 "Development of the economy and entrepreneurship", under the Operational Area "Support for investments in creation and development of non-agricultural activities", under the Activity "Support for investments in the creation and development of economic activities".

The aim of the project is to develop the economic activity of UAB NROBALT in rural areas by creating jobs for rural people.

The project involves the construction of a warehouse building for the company's products. The project will increase the company's production capacity and competitiveness, which will enable it to improve the efficiency of its production processes and to serve its customers more efficiently and with better quality.

Financing of the project: the amount of support provided for in the grant agreement is up to EUR 95 039,00, of which up to EUR 80 783,15 is from the European Agricultural Fund for Rural Development and up to EUR 14 255,85 from the Lithuanian state budget.

The project has a deadline of 30 October 2022.