"As part of our fight against climate change and the development of a green economy, we want industrial companies across Lithuania to comply with the European Union's environmental requirements: to pollute less and reduce emissions of harmful gases. The EU's requirements for businesses will only get tougher, so we are already inviting our country's industrial enterprises to take advantage of EU funding and modernise. This will create a greener and more sustainable Lithuania," said Aušrinė Armonaitė, Minister of the Economy and Innovation.
The call provides up to €34.16 million for industrial projects in the Capital Region and up to €20.73 million for industrial companies in Central and Western Lithuania.
"This call will enable Lithuanian industrial companies to invest in adapting the latest and most environmentally friendly equipment and technological solutions to their production processes, thus ensuring the continuity of their operations. They will also be able to purchase the necessary technological equipment and upgrade the infrastructure of existing technological and auxiliary processes. This will further increase the competitiveness of Lithuanian industrial enterprises," said Iveta Paludnevičiūtė, Chancellor of the Ministry of the Economy and Innovation.
The maximum amount of funding available for the project is €1.5 million. Projects will be selected through a call for proposals.
The deadline for submitting project implementation plans to the Innovation Agency is 2 April 2025.
The full terms and conditions of the call are available on the European Union Investment website.
The measure to improve energy efficiency in Lithuanian industry is funded by the European Regional Development Fund and the Cohesion Fund.