UAB "Balaretis" has been granted €119,024.00 in funding for project No. 02-040-K-0210, “Design and Process Development and Implementation to Increase Exports,” under the “EVE Pramonei” program. The total project value is €246,063.00.
UAB "Balaretis" is a team of professional jewelers creating unique, custom-made jewelry. Through this project, the company aims to implement and refine process management methods that will enable dynamic adjustments to production based on market changes and individual orders. The implemented innovations will continuously improve work efficiency.
The project's goal is to develop and introduce new product designs to the market while implementing process innovations within the company, thereby increasing export volumes and integrating the company into international value chains.
The project started on November 28, 2024, and will be implemented until November 28, 2026.The project is co-financed by the European Union.