EU projects
Elinta Motors, UAB started implementing "International Expansion of UAB Elinta Motors" project.
€177,234 of which €85,000 is allocated from the European Regional Development Fund.
2025-05-20 - 2027-03-05
02-121-K-0008
In 2025, UAB Elinta Motors launched the project "Expansion of Internationalization at UAB Elinta Motors." Within the scope of this project, the company will participate in international exhibitions abroad and conduct product certification activities. These efforts aim to secure new export markets, expand existing ones, and enhance the company’s overall competitiveness.
The project is being implemented under the 2022–2030 Development Program, managed by the Ministry of Economy and Innovation of the Republic of Lithuania. Specifically, it falls under the economic transformation and competitiveness development program’s progress measure No. 05-001-01-11-04, "Implementation of measures promoting export competitiveness growth," specifically the activity "Promotion of internationalization and identification of new export markets for micro, small, and medium-sized enterprises (Central and Western Lithuania region)."
Financial Overview:
Total Project Value: EUR 177,234
EU Funding: EUR 85,000 (Allocated from the European Regional Development Fund)
Funding Intensity: This grant covers 50% of the project’s eligible costs, significantly contributing to the company’s ability to achieve its strategic objectives.
