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PROJECT “AB FASA INVESTMENTS IN ACTIVITIES FOR THE DEVELOPMENT OF NEW HIGH VALUE-ADDED PRODUCTS”

AB "Fasa" together with its partner UAB "Vaizduotė" is implementing a project called "AB Fasa Investments in Activities for the Development of New High Value-Added Products." During the project, R&D activities will address identified scientific uncertainties and create 13 new prototypes of equipment intended for the food industry, including: an automatic packing machine for processed cheese (triangle-shaped), an automatic packing machine for butter (tablet-shaped) briquettes, a glazing machine (for chocolate and confectionery glaze), a melting tank for chocolate or confectionery glaze, a salt solution dispenser (tank), an oil dispenser (tank), a dry salt dispenser, an IMS product blender, a product homogenizer, a buttermilk storage tank, a cream preparation station, a cream tank, and a secondary packaging machine.

The advanced technological solutions planned for the equipment will help food product manufacturers increase production efficiency, enable relatively more efficient use of energy and other resources, and reduce production waste, which can be more easily repurposed or recycled into other products. These innovations will enhance the competitiveness of food product manufacturers and create favorable conditions for maintaining stable prices of the produced food products.

The total project value is EUR 1,948,563, of which EUR 933,519 is allocated from the European Regional Development Fund.

The project activities will be carried out from July 3, 2024, to July 3, 2026.

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PROJECT “R&D for the development of innovative biotechnology based   treatment of Bacterial Vaginosis and Candidasis.”

"Avodės", JSC together with its partner "Vaizduotė", JSC is implementing the project "R&D for the development of innovative biotechnology based   treatment of Bacterial Vaginosis and Candidasis" No. 02-019-K-0018. During the project, R&D activities will address identified scientific uncertainties and develop an innovative product - Avodes gel for the treatment of Bacterial Vaginosis and Candidasis.

The project is being implemented according to the 2022-2030 Development Program managed by the Ministry of Economy and Innovation of the Republic of Lithuania, under the Economic Transformation and Competitiveness Development Program, progress measure No. 05-001-01-05-07 "Create a coherent system for promoting innovation," activity "Promote the supply of innovations," sub-activity "Invest in activities for the development of new high value-added products and create conditions for researchers to participate in company R&D activities, promote intellectual property, early-stage pilot production of newly created products, preparation for the market."

The total value of the project is EUR 1 552 734, with funding of EUR 1 190 492, financed by the European Regional Development Fund.

The project implementation period is from 2024-07-15 to 2026-07-15.

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