Wooden pallet and pallet collar production plant
Project objective: To establish a modern plant forthe production of wooden pallets and pallet collars, equipped with all thenecessary infrastructure and equipment, to develop the production of highadded-value products, to create new jobs, and to promote the economic developmentof the region.
Duration: 11/2024 - 12/2026
Total budget: 36.396.800 €
EU funding: 24.064.000 €
The loan was granted under the "Milijardas verslui“ initiavive. This initiative funds projects that invest inenvironmentally-friendly technologies, circular economy enhancement,decarbonization, energy efficiency, low-waste solutions, advanced, innovative,and digital technologies, as well as the expansion of high value-addedproduction capacities and the defense and security industry. The “Milijardas verslui” instrument is implemented under the Economic Recovery and ResiliencePlan “New Generation Lithuania”, financed by the European Union’s Recovery andResilience Facility (NextGenerationEU).
