Project “Modernization of business processes of Kavera UAB”

UAB Kavera specializes in the field of precision metal processing. This is metal processing with CNC machines, turning, drilling of components up to 400 mm in diameter and 1000 mm in length. The company supplies its products not only to the Lithuanian market, but also exports to Germany, Finland, Sweden, and Latvia. Professional specialists work in the company.

One of the goals of UAB “Kavera” is to constantly improve and implement modern technologies, encouraging the efficiency of the company’s work processes. In order to increase the company’s business efficiency, the company decided to implement a business management system. Since these investments are quite large, an application was submitted for EU financial support. After assessing the benefits of the project, financing was granted from the European Regional Development Fund under the 2014-2020 European Union funds investment action program priority 3 “Promoting the competitiveness of small and medium-sized businesses” measure no. 03.3.1-LVPA- K-806 “E-Business LT. During the implementation of the project, the company’s main operational processes were modernized. The automation of production processes helped to use the company’s resources more efficiently.

DATA ABOUT THE PROJECT:
Project number: No. 03.3.1-LVPA- K-806- 01-0309
Project name: Modernization of UAB “Kavera” business processes
The measure is in accordance with priority 3 of the 2014-2020 European Union funds investment action program “Promoting the competitiveness of small and medium-sized businesses”.
Measure no. 03.3.1-LVPA- K-806 “E-verslas LT”
Duration of implementation of project activities: from 04-04-2016 to 09-29-2017
Allocated funding amount: EUR 14,873.00