Implementation of the project “Implementation of digital technologies in UAB Glori ir Ko in order to increase the company’s productivity”
The main goal of the company is exceptional focus on, and professional service to customers. In this context, UAB Glori ir Ko constantly monitors market changes, trends, updates its product range, and invests in improving the quality of services. In recent years, seeing the growing competition in the market and wanting to remain competitive, as well as setting goals for the development of the kids activities and raising work productivity, UAB Glori ir Ko has identified the need to invest in technological digitised production solutions.
In order to make targeted investments with the best return, the company has acquired a technological audit service and, based on its findings, is planning to implement the project “Implementation of digital technologies in UAB Glori ir Ko in order to increase the company’s productivity”. The project will include the acquisition of process equipment with integrated digital technologies. The company is expecting the investment to enable UAB Glori ir Ko to increase the business volume, sales revenue and efficient cost management, which will significantly boost the company’s productivity. Without the funding of the EU structural funds, the company will not be able to implement the project to the expected volume during the planned period, and will not be able to achieve the goals and indicators envisaged .
The project is funded by the European Regional Development Fund.
Project name – “Implementation of digital technologies in UAB Glori ir Ko in order to increase the company’s productivity”
Project Promoter – UAB Glori ir Ko
Project objective – digitisation of the company’s production processes in order to increase the company’s productivity
Amount of eligible project costs – 637,315.00 EUR
Amount assigned from the European Regional Development Fund for the project implementation, up to – 287,066.75 EUR
Project start – 2020-05-14
Project end – 2022-12-16