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 – July 2025.

For more detailed information, please contact:

Marius Vaišnoras

Production Manager

(+370) 615 15409

marius@samsonas.com

Implementation of Digital Manufacturing Technologies Phase II at UAB “Samsonas Motorsport”

On November 12, 2020, UAB “Samsonas Motorsport” signed a financing and administration agreement for the project “Implementation of Digital Manufacturing Technologies Phase II at UAB Samsonas Motorsport,” project code No. 03.3.1-LVPA-K-854-02-0004, under the 2014-2020 European Union Funds Investment Action Program Priority 3 “Promotion of Small and Medium Business Competitiveness,” measure “Digitization of Industry LT.”

The aim of the project is, after conducting a technological audit of the company and assessing the possibilities and prospects of digitizing production processes, to invest in the implementation of digital manufacturing technologies and thereby create conditions for increased work efficiency.

During the project implementation, based on the conclusions and recommendations of the technological audit of the company’s production and related processes, it was suggested to introduce CNC turning machines and CNC cutting devices controlled digitally. The planned equipment installation will allow the application of advanced solutions in the field of gearbox production, thus enhancing the company’s productivity.

Project Funding: The project budget sets the maximum eligible expenditure for the project at €201,745.00, with funding of up to €80,698.00 allocated from the European Regional Development Fund.

Project Implementation Period: November 2020 – September 2023.

UAB “Samsonas Motorsport” Export Development Project

On July 23, 2019, UAB “Samsonas Motorsport” signed a contract for the project “UAB Samsonas Motorsport Export Development,” project code No. 03.2.1-LVPA-K-801-05-0011, under the financing and administration agreement of the 2014-2020 European Union Funds Investment Action Program Priority 3 “Promotion of Small and Medium Business Competitiveness,” measure “New Opportunities LT.”

Participation in international exhibitions for sports car transmissions is the most effective marketing tool. During the project implementation, the company participated in specialized automotive sports professional exhibitions to attract new customers and increase the company’s product visibility, presenting the company and its products. The goal of participating in exhibitions is to enhance the competitiveness and visibility of UAB “Samsonas Motorsport” in foreign markets, establish new contacts, find new clients in foreign markets, increase product awareness, and promote the company’s name.

Project Funding: The project budget sets the maximum eligible expenditure for the project at €96,228.00, with funding from the European Regional Development Fund allocated up to €45,000.00 for the project.

Project Implementation Period: November 2018 – January 2023.