UAB “KMT” vehicle (trailer) European Community type certification

Project is financed by the European Regional Development Fund
Project start date – 2019 09 24
Project end date – 2023 12 31

Project applicant – KMT, UAB. The company was founded in 2004. Main activities: manufacture and sales of bodies and trailers for various purposes and dimensions. KMT’s long-term and focused work has led to the applicant’s involvement in the competitive environment of the single European market in order to increase the company’s revenues and internationalization. The company intends to expand into economically strong countries as early as 2020, but faces the problem of high certification costs. Due to the high cost of certification, the applicant is not in a position to certify the heavy trailers it produces at its own cost.

An export (product safety) certificate would not only allow the applicant to start exporting heavy trailers to markets with which it is already familiar but would also allow it to start expanding its exports to new markets of strategic importance to Lithuania. In order to accelerate the company’s growth and increase export volumes, the company intends to take advantage of the “Expo sertifikatas LT” financing instrument. Successful implementation of the project would significantly increase the company’s exports, which would have a very positive impact on the company’s financial stability, as it would increase the volume of exported goods and the company’s internationalization and growth of its visibility in the global market.