Since October 2024, JSC “Langvalda“ has started implementing the project “Increasing Energy Efficiency JSC “Langvalda“ No. 02-056-K-0063.

The aim of the project is to implement solutions to increase energy efficiency and reduce greenhouse gas emissions in the production process by at least 30 percent. During the project, it is planned to install equipment that will allow the company to use energy more efficiently and reduce the company’s greenhouse gas emissions by at least 30 percent in production processes.

 UAB “Langvalda“ will implement the project by making optimal use of time and resources and achieve the goals and results set out in the project financing agreement.

 The project is financed by EU funds under the Economic Transformation and Competitiveness Development Programme Progress Measure No. 05-001-01-04-02 “Encouraging enterprises to transition towards a climate-neutral economy“ activity “Increasing energy efficiency in industrial enterprises“ of the Ministry of Economy and Innovation of the Republic of Lithuania, the manager of the 2022-2030 development programme.

Total value of the project: 999 282,04 EUR

Funding from the European Regional Development Fund: 399 712, 81 EUR

Start of project implementation: 2024-10-18

End of project implementation: 2027-04- 18