EU funded projects
LABA7 is dedicated to advancing modern and comprehensive designs for automotive testing. With the support of EU Funds, we are able to expedite the realization of our innovative concepts. Below, you will find a selection of projects funded by the European Union.
Current projects
Development of a high-power linear damper testing and diagnostic equipment
LABA7 started implementing the project “Development of high-power linear shock absorbers testing and diagnostic equipment”. The project aims to create a new device, a high-power and high-speed linear shock absorber testing and diagnostic bench, with which it would be possible to reproduce real shock absorber working cycles when they are operated in various and changing conditions.
The project is implemented according to the progress measure of the development program no. 05-001-01-05-07 “Create a coherent system for the promotion of innovative activities” activity “Promote the supply of innovations”.
The project is financed from the funds of the European Union.
The project budget is EUR 975 527,52.
The amount of funding allocated by the EU Fund is EUR 638 499,35.
The duration of project implementation is between July 2024 and July 2026.
Project manager UAB “Laba7”
Past projects
Product certification
In 2022 UAB Sprendimų laboratorija started implementing the project “Product certification UAB Srendimų laboratorija”. With this project, the company aims to certify products manufactured by LABA7 which are being exported. In this way, it increases LABA7’s international presence as well as the company’s export volume.
The project will be implemented in accordance with the investments of European Union funds in Lithuania for 2014-2020 action program priority 3 “Promoting the competitiveness of small and medium-sized businesses” using the instrument “Expo certificate LT” (No. 03.2.1-LVPA-K-802).
The amount of EUR 8990 was allocated for the implementation of the project from the European Regional Development Fund. This amount will cover 50 percent of the project costs and will thus contribute strongly to the company’s ability to achieve the project goals. The project is expected to be implemented by November 30, 2023.
