INTRODUCTION OF AN INNOVATIVE AND ENVIRONMENTALLY FRIENDLY PRODUCT INTO PRODUCTION - EEZ un Norvēģijas finanšu instrumenti
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Business Development

INTRODUCTION OF AN INNOVATIVE AND ENVIRONMENTALLY FRIENDLY PRODUCT INTO PRODUCTION

Programme Business Development
Selection Open project
Competition title The open call “Application of green industry innovation and ICT products and technologies”
Donorstate/international project partner Norwegian Institute of Wood Technology (Treteknisk)
Project national Nr. AK-IES/30
GrACE project Nr. LV-INNOVATION-0010
Contract No. NP-2021/2
Contract Date 09.12.2021
Project title INTRODUCTION OF AN INNOVATIVE AND ENVIRONMENTALLY FRIENDLY PRODUCT INTO PRODUCTION
Project promoter SIA "NDB TIMBER"
Start of project eligibility 12.11.2021
Project end 11.11.2023
Total eligible costs 1 111 191.00€
Grant financing 509 942.22€
National co-financing 89 989.80€
Project promoter co-financing 645 729.59€
Project status In implementation
Project goal/description The purpose of the project is to introduce a new product group into production that would consist of: - using wood cuttings/residues which, in combination with Class A high quality solid wood lamella, to create a product which, according to its physical and visual characteristics, is equivalent to high-quality solid wood finishing material. - When recycling wood cuttings/residues, the Company will create composite bricks from which picture, canvas, photo frames will be produced on the automated CNC machine.
Implementation place Latgale
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