EU aid

Metal Production UAB is implementing the partially EU-funded project Rocket Cluster Involvement in International Network Chains Pursuing to Find New Export Markets.

Founded in 2011, UAB Metal Production offers engineering and outsourcing services from the Baltic region. The company is located in Šiauliai, Lithuania. In the market we focus on the marine and oil industries, providing high quality services and products at competitive prices. Metal Production UAB has accumulated extensive knowledge and extensive network of suppliers in the Baltic region, it is a rapidly growing and improving company.

At the present time, as a result of the rapid expansion of globalisation influence, businesses are increasingly confronted with increasing competition in the international marketplace and with the difficulty of gaining a substantial competitive advantage. In order to remain competitive, it is necessary to allocate the resources required to increase competitiveness and efficiency. As a result, clusters consisting of geographically concentrated, interacting, cooperative and complementary businesses are gaining increasing importance in global economic development. They create favourable conditions for increasing the productivity, innovativeness, quality of manufactured products, development and improvement of new products or technologies.

The cluster Rocket Cluster is a joint venture organisation with 5 members (SME, 5 members in total: Cluster Coordinator / Applicant (Metal Production UAB) and Cluster Members / Project Partners (AKSONAS UAB, Santaviltė UAB, LZ Tehnika UAB, ANAGA UAB) provides engineering design, manufacturing services and other services related to such activities. The members of the cluster aim to consolidate their activities by organising and expanding the export of engineering services and products in order to expand their export and attract foreign clients to the companies of the Cluster.

The project of Metal Production UAB is implemented in accordance with the implementation measure No 03.2.1-LVPA-K-807 Business Cluster LT of the Priority 3 “Promoting the Competitiveness of Small and Medium-sized Enterprises” of the “Operational Programme for the European Union Funds’ Investments in 2014-2020” Project Number 03.2.1-LVPA-K-807-02-0031. The objective of the measure is to engage cluster members in international networking chains, expand new export markets and promote networking with other companies at international level.

The aim of the project implemented by Metal Production UAB is to increase the international competitiveness of the Rocket Cluster by combining the capabilities, competencies and contacts of the companies.

The amount of investments from the European Union Structural Funds for the implementation of the project is EUR 187 929.33.

The duration of the implementation of the project is 24 months.