Altechna is implementing the project “EXPO opportunities for the advanced – promoting the export of Altechna’s high-value-added products ” No. 02-037-K-0018.

To secure the existing market position of Altechna and to tap into other growing markets and international value chains, the coming years are strategically important for the company’s visibility and position in the international arena. Participation in international exhibitions would contribute to the company’s potential to gain a long-term competitive advantage in competing effectively with products and suppliers in foreign markets, establishing strategically beneficial commercial relations.

It would also strengthen the position of the Lithuanian laser sector in the global context. For these reasons, we have initiated a project to develop Altechna’s export markets through participation in international exhibitions.

In addition to increasing the competitiveness of the company, the project activities will be aimed at promoting the export of Altechna's high-value-added products, the search for new export markets, and the development of existing markets.

The investment will be used for the presentation of Altechna’s products and complex solutions that are planned for export at international exhibitions abroad, as well as for the installation of a stand and the company’s general representation. The project aims to noticeably increase the visibility of Altechna and to present the company’s products, cutting-edge technological solutions, and the company’s distinctive features.

This will all be done to attract more potential customers in foreign markets and target industries, thus developing sustainable growth of the company, and consequently creating jobs, among other things, using productive investments.

The project is implemented within the framework of the European Union fund investment program for the period 2021–2027, under the progress measure No. 05-001-01-11-04 “Implementation of measures to promote the growth of export competitiveness”, activity “Promotion of the certification and financed by the presentation of SMEs’ products and services with high added value in foreign markets (Capital Region)”, which is European Union Funds for the period 2021–2027 (hereafter referred to as the EU Funds).

 

• The total value of the project is EUR 174,288, of which EUR 85,830 is from the European Regional Development Fund.
• The project will run from 27 January 2024 to 31 May 2026.