Development of activity of a metal product manufacturing company - EEZ un Norvēģijas finanšu instrumenti
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Local Development and Culture

Development of activity of a metal product manufacturing company

Programme Local Development and Culture
Selection Open project
Competition title 3RD CALL FOR PROJECT PROPOSALS FOR THE SMALL GRANT SCHEME “SUPPORT FOR BUSINESS IDEAS IN LATGALE”
Project national Nr. 2.14.8.-1/P/K3/02
GrACE project Nr. LV-LOCALDEV-0045
Contract No. 2.14.8.-1/P/K3/02-L/24
Contract Date 31.03.2023
Project title Development of activity of a metal product manufacturing company
Project promoter SIA "Weld Pro"
Start of project eligibility 31.03.2023
Project end 30.03.2024
Grant financing 19 997.88€
Project promoter co-financing 6 852.12€
Project status In implementation
Project goal/description The project is focused on the development of production process by purchasing new and energy-efficient equipment. The main aim of purchasing such an equiment is to ensure the production of new products, including metal constructions used in a construction industry, as well as the production increase of existing products. The development of the production process will give a chance to start the export of the finished product. As a result of project realization one new workplace will be created.
Implementation place Latgale
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