ES FUNDS

Implementation of technological

innovations in the production of

UAB Barker Textiles

 

UAB Barker Textiles is implementing the project “Implementation of Technological Innovations in the Production of UAB Barker Textiles”, partly financed by the European Regional Development Fund.

 

Project activities: acquisition of new innovative equipment.

 

UAB Barker Textiles is an advanced wool and cotton textile production company. A large part of the company’s production is exported. The production process currently incurs significant costs for electricity and raw materials, as well as waste that cannot be recycled.

 

The aim of the project is to implement technological eco-innovations in order to reduce the negative impact on the environment. The company intends to purchase modern equipment and start production of refurbished and new products, thus significantly expanding the product range. Purchased efficient equipment will increase work efficiency and material processing accuracy. This will create savings in electricity and improve the yield of wool and cotton raw materials, reduce waste.

 

This project is implemented in accordance with the measure “Eco-innovation LT +” of Priority 3 “Promotion of Small and Medium Business Competitiveness” of the European Union Funds Investment Operational Program for 2014-2020.

Objective of the measure: to encourage micro, small and medium-sized enterprises to introduce technological eco-innovation in order to reduce the negative effects of climate change and the greenhouse effect.

 

Project budget:  1 558 000,00 Eur;

Project financing: 701 100,00 Eur.

 

Planned completion of project activities: 2021.