EU PROJECTS

JSC ALTUM RETAIL implements the project “Use of Innovative Services While Creating and Implementing Design and Marketing Innovations in JSC ALTUM RETAIL

On 17th of January 2022 JSC ALTUM RETAIL started to implement the project “Use of Innovative Services While Creating and Implementing Design and Marketing Innovations in JSC ALTUM RETAIL” which is partially financed by the European Regional Development Fund. The aim of this project is to use innovative services of companies that form a part of creative and cultural industries while developing and implementing design and marketing innovations.

The company will create 10 new design innovations for its products (for an interactive table – a children’s console, an interactive table, an interactive indoor stand, an information stand, etc.). Also the company will procure professional marketing services which will allow the company to adapt marketing innovations and promote its products in a new ways and more effectively.

Successful implementation of the project will enable to significantly enhance the attractiveness of JSC ALTUM RETAIL products and their demand in the market. These activities will increase the company’s sales volumes and will help to overcome the uncertainties related to COVID-19 pandemic.

Project eligible costs – 56 468,04 euro

Financing from European Regional Development Fund – 42 351,03 euro

The beginning of the project – 17/01/2022

The end of the project – 31/01/2023