Installation of Renewable Energy Production Capacity at UAB “Samsonas Motorsport”
On July 24, 2023, UAB “Samsonas Motorsport” signed a financing and administration agreement for the project “Installation of Renewable Energy Production Capacity at UAB Samsonas Motorsport,” project code No. 02-011-K-0037, under measure No. 05-001-01-04-02 “Promotion of Renewable Energy Resource Deployment in Industrial Companies (Central and Western Lithuania Region).”
The goal of the project is to increase the proportion of renewable energy resources (RER) in the final energy consumption.
Thanks to this project, UAB “Samsonas Motorsport” plans to set up a solar power plant. The project will contribute to increasing the share of renewable energy resources (RER) in final energy consumption and, at the same time, encourage greater use of RER in the industrial sector. This will help mitigate Lithuania’s impact on climate change, address air pollution, solve the challenge of efficient resource utilization, and reduce dependence on energy imports.
Project Funding: The project budget sets the maximum eligible expenditure for the project at €286,089.00, with funding of up to €200,262.30 allocated from the 2021-2027 EU Funds Investment Program.
Project Implementation Period: July 2023 – October 2026.
For more detailed information, please contact:
Marius Vaišnoras
Head of production
(+370) 615 15409
marius@samsonas.com
Expansion of Export Activities at UAB “Samsonas Motorsport”
On 16 July 2024, UAB “Samsonas motorsport” signed the financing and administration agreement for the project “Export development of UAB ‘Samsonas motorsport’”, project code No. 02-036-K-0021, under measure No. 05-001-01-11-04 “Implementation of measures promoting the growth of export competitiveness”, activity “Promotion of SME internationalisation and identification of new export markets (Central and Western Lithuania region)”. The goal of the project is to increase the competitiveness and internationalisation of UAB “Samsonas motorsport”.
The implementation of the project will create the preconditions for strengthening the company’s position in foreign markets and increasing export volumes, as well as for enhancing the company’s visibility and growing its number of customers.
The planned project results (growing turnover and increasing exports) will have a positive impact on the development of both the company and the country.
Project financing: the maximum amount of eligible project costs set in the project budget is EUR 84,039.00, of which up to EUR 42,019.50 is financed by the European Regional Development Fund 2021–2027.
Project implementation period: December 2023 – September 2026.
Marius Vaišnoras
Head of production
(+370) 615 15409
marius@samsonas.com
Expansion of Export Activities at UAB “Samsonas Motorsport”
On 27 February 2026, UAB “Samsonas Motorsport” signed a financing and administration agreement for the project “Expansion of Export Activities at UAB Samsonas Motorsport 2025,” project code No. 02-036-K-0021, under measure No. 05-001-01-11-04 “Implementation of Measures to Promote Export Competitiveness Growth” and activity “Promotion of Internationalisation and New Export Market Identification Activities for SMEs (Central and Western Lithuania Region).”
The goal of the project is to increase the competitiveness and internationalisation of UAB “Samsonas Motorsport.”
The implementation of the project will create the conditions to strengthen the company’s position in foreign markets, increase export volumes, enhance the company’s visibility, and grow its number of customers. The planned project results (increased turnover and export growth) will have a positive impact on the development of both the company and the country.
Project Funding: The project budget sets the maximum eligible expenditure for the project at €97,442.00, with funding of up to €48,721.00 allocated from the 2021-2027 European Regional Development Fund.
Project Implementation Period: December 2025 – January 2028.
For more detailed information, please contact:
Marius Vaišnoras
Head of production
(+370) 615 15409
marius@samsonas.com