JSC Danspin produces yarn which is successfully exported to carpet manufacturers in Britain, the U.S., and China. The yarn, teaselled and spinned in Lithuania, is used to weave carpets for homes, offices, hotels, cruise ships, airplanes, and so on. ProBaltic Consulting has assisted in development of an investment project and, thus, to successfully attract EUR 11 million of foreign investment in the company's production and human resource development in Lithuania. Consultants of ProBaltic Consulting have provided professional help in all phases of the project, starting from idea generation to implementation.
For several years now, ProBaltic Consulting has been rendering consulting services to AGA CAD Ltd. on attraction of funding, development and introduction to market of new products. Their services are of the highest quality. “ProBaltic Consulting” employees, both as people and experts, possess professionalism, excellent communication skills, and their consultancies helped to increase added value to our company. It is a pleasure to recommend them as experts for complex tasks which require a sound understanding, fast response, and taking into account a client's needs.
EU support will be allocated to foreign investors, carrying out R&D activities, creating or expanding infrastructure of the company in this field, implementing innovations.
More possibilities for access to finance have projects, which during their implementation and three years after the completion are planning to attract more private investment in R&D and innovation in the smart specialization areas.
Max. amount of support - EUR 6 500 000
Supported activities - creation of non-technological innovation and (or) implementation in production processes and (or) services through adoption of the product process or service standards, while supporting introduction of innovative management methods and management systems .