Metal Production UAB is implementing the project “Rocket Cluster Involvement in International Network Chains Pursuing to Find New Export Markets” co-financed by the EU.
Metal Production UAB was founded in 2011 and offers engineering and outsourcing services from the Baltic region. The company is based in Šiauliai, Lithuania. In the market, the company focuses on the marine and
oil industries, providing high-quality services and products at competitive prices. Metal Production UAB has accumulated extensive knowledge and a wide network of suppliers in the Baltic region. It is a rapidly growing and improving company.
With the present rapid expansion of globalization in the world, businesses are often confronted with increasing competition in the international market and are finding it increasingly difficult to gain a significant competitive advantage. In order to remain competitive, it is necessary to allocate the resources needed to strengthen 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 favorable conditions for increasing the productivity and innovation of companies, improving the quality of products, and developing and improving new products or technologies.
Rocket Cluster is an organization operating on the basis of joint activities, the members of which are SMEs, 5 members in total: Cluster Coordinator/Applicant (Metal Production UAB) and Cluster Members/Project Partners (AKSONAS UAB, Santaviltė UAB, LZ Technika UAB, ANAGA UAB). It provides engineering design and production services and other services related to these activities. The members of the Cluster seek to unite their activities by organizing and expanding the export of engineering services and products in order to expand their export and attract foreign customers 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 the international level.
The aim of the project implemented by Metal Production UAB is to increase the international competitiveness of 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 project implementation is 24 months.