EU projects

UAB "Promo vero" will penetrate foreign markets

UAB "Promo vero" penetrates foreign markets

UAB "Promo vero", a rapidly growing company whose main activity is the production of GPS watches for children. Having assessed the existing experience and future prospects for export in the market of its products, the company implemented the project "UAB "Promo vero" export markets search". During the project, the company, investing in itself and using EU support, focuses on the development of foreign markets.

The main goal of the project is to encourage the development of UAB "Promo vero" in new foreign export markets by participating in five international exhibitions abroad. The implementation of the project will allow increasing the diversification of income in terms of geography. The contacts established through participation in international exhibitions will ensure the development of export sales in target markets.

The successful implementation of the project and the expansion of export markets are supported by funding from the European Regional Development Fund under the measure "New Opportunities LT" of Priority 3 "Promoting the Competitiveness of Small and Medium-sized Enterprises" of the 2014–2020 European Union Funds Investment Operational Programme.