EU Projects

JSC “FPI Baltic” implements the project “Deployment of JSC “FPI Baltic” e-commerce model”


JSC “FPI Baltic” started implementing the project “Deployment of JSC “FPI Baltic” e-commerce model”, which is partially financed by the European Regional Development Fund as a measure of the European Union response to the COVID-19 pandemic.
The aim of the project is the introduction of information technology for electronic business transaction management in order to increase the company’s revenue growth.
During the implementation of the project, JSC “FPI Baltic” plans to implement e-commerce model solutions in its activities, which would create conditions for increasing operational efficiency and sales revenue and successfully overcoming the challenges posed by the COVID-19 pandemic.

Amount of eligible costs of the project – 50,488.13 euro
The European Regional Development Fund, as the European Union’s response to the COVID-19 pandemic – 37,866.10 euro
Start of the project – 15/04/2021
End of project implementation – 20/02/2023


JSC „FPI Baltic“ implements the project „JSC FPI Baltic investments in competitive products of the cultural and creative industries sector“


JSC „FPI Baltic“ implements the project „JSC FPI Baltic investments in competitive products of the cultural and creative industries sector“, which is partially funded by the European Regional Development Fund as a measure of the European Union‘s response to the COVID-19 pandemic.
The goal of the project is the creation of new, high added value, competitive products of cultural and creative content and form, by investing in new products, services or operational processes of competitive cultural and creative content and form as well as promoting the digital and circular economy.

During the implementation of the project the company plans to invest in the implementation of circular economy principles in the company’s activities, by purchasing and starting to use a set of modern technological equipment. The purchased equipment is modern and based on modern operating principles. Thus, it will effectively use resources of energy and will contribute to the reduction of pollution.

Project investments will create high added value for the customers as the products will be of high quality, manufactured faster. Moreover, customers will receive products manufactured according to the principles of sustainability. These improvements will allow the company to secure a competitive position in the market, to increase the volume of operations and sales income.

The amount of project eligible costs: 201,495.00 euro
From the European Regional Development Fund, as a measure of the European Union’s response to the COVID-19 pandemic, is allocated: 41,608.72 euro

The start of the project: 18/02/2022
The end of the project: 31/03/2023