EU Funding

UAB “Elseta” is implementing the project “Export Market Development of UAB ‘ELSETA’ through Certification of High Value-Added (HVA) Products”, which is funded by the European Union through the Innovation Agency.

Project implementation period: January 16, 2026 – February 5, 2027

Project objective – to increase the competitiveness of high-value-added products developed by UAB “Elseta” and to expand export markets.

During the project, existing and newly developed equipment will be certified to ensure compliance with international requirements of the energy sector.

Project result – increased competitiveness of the company in international markets and official confirmation that Elseta’s equipment complies with high standards of the energy sector.

Elseta is executing the integration of an e-commerce model which is being financed by the European Regional Development Fund (ERDF) as a European Union response to fighting against the Covid-19 pandemic.

Elseta is increasing sales by scaling its client base all around the world. The company aims to have excellent customer service by creating an online shopping platform in which the clients could track their orders, delivery time, payments, download invoices, and product documentation, find product alternatives and accessories, register faulty equipment and track its repair stage. The implementation of an online store will help to achieve higher sales results and reduce costs by having a more efficient product stock and order management.

Project start: 2022-02
Project end: 2023-01