Investments in R&D and Infrastructure Development

UAB „NEO GROUP“ is currently implementing a scientific research and experimental development project, financed by the European Union Investment funds. The goals of this project are to invent a new and innovative PET composite, as well as to create a new polymer, polyol, with a unique recipe and a lower price, thus increasing company’s competitiveness in the market.

According to the signed agreement, the investment from EU funds is 219 000 EUR. The project deadline is October 2018.

Read more information (in Lithuanian language) here