News

It is no secret that Norway is one of the ten greenest countries in the world. According to the United Nations' Good Country Index, Norway is the global leader in contributing to climate change mitigation. Innovative local businesses are developing green products and technologies and investing in businesses abroad, hereby making an important contribution to this result. What drives the sustainability of Norwegian business

Soon the call for proposals under a Green industry innovation, including bio economy, focus area of the Norwegian Financial Mechanism programme “Business Development, Innovation and SMEs“ will be open.

Norwegian wool producer Devold is implementing an unprecedented R&D project together with Factobotics, robotics company from Lithuania. An innovative Overhead robotic system will increase efficiency of sewing processes. The new solution is planned to be scaled and offered to other manufacturing companies.

Four out of five Lithuanian companies are still dominated by linear economy based on intensive use of raw materials and energy, and resulting in large amounts of waste. Uninterrupted need for resources creates dependence on imports, increases prices of products and services to the consumer, and reduces Lithuania's international competitiveness. Experts agree that there is potential to change the situation, but, in order to beco

The programme agreement for the Lithuanian Business development, Innovation and SMEs programme was signed on 27 September 2019