Global Trade Alert
Global Trade Alert

Lithuania: UAB "VMG Technics" gets EUR 12.6 million grant from the EU's Innovation Fund

Announcement

18 Mar 2026

In March 2026, the European Commission provided a financial grant to UAB "VMG Technics" for the “VB1F” project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Mar 2026

Revocation date:

No revocation date

Updated: 05 May 2026
Financial grant In force

Recent update from 05 May 2026:

On 18 March 2026, the European Commission approved a EUR 12.6 million (USD 14.5 million) financial grant for UAB "VMG Technics". The grant was provided for the company’s involvement in the “VB1F” p...

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