The contract for implementation of the project of ERDF “construction of the factory for fiberglass goods production” has been signed between Norplast SIA and the Central Finance and Contracting Agency.
On 06.12.2016, NORPLAST SIA signed the Contract No. 18.104.22.168/16/A/002 with the Central Finance and Contracting Agency for implementation of the project of European Regional Development Fund (ERDF) “construction of the factory for the fiberglass goods production”. This project is within the Growth and Employment Program with specific support of target no. 3.1.1. “To promote the creation and development of small and medium enterprises, especially in manufacturing and 3 priority branches of RIS” and undertaking no. 22.214.171.124. “Support to investments in creating or reconstructing of the production facilities and infrastructure”.
The project aims at building a new factory for fiberglass goods production including all necessary infrastructure facilities suitable for oversized fiberglass goods.
Expected project results will be (1) the construction of a new factory approximately 1030 m2 with necessary internal and external engineering structure according to the developed technical project and purchase, (2) the new factory will be accommodated with all necessary plant and equipment for building and manufacturing, (3) 9 new employees will be recruited.
The project is located in Vecsaldes, Saldus parish, Saldus district, LV-3862.
Total cost of the project is 877,963.71 EUR in which the referrable cost is 783,000.30 EUR. ERDF co-finances 352,350.13 EUR equivalent to 45% of the referrable cost.