ES INVESTMENTS

ESFIVP-1 ESFIVP 2

Rafimeta, JSC has commenced the project No 03.3.2-LVPA-K-837-02-0053 ‘Modernisation of equipment owned by Rafimeta, JSC by implementing technological eco-innovations’ financed from the European Regional Development Fund.

The project budget: EUR 653,800.00, of which the EU share is EUR 294,210.00

Beginning of implementation of activities: 11 April 2018

Planned completion of activities: 10 April 2010

The purpose of the project is to implement technological eco-innovations in the activities of Rafimeta, JSC in order to reduce the negative consequences of climate change and the greenhouse effect.

The task of the project is to implement technological eco-innovation processes in the company’s activities by purchasing separation, flow division and sorting equipment.

Rafimeta, JSC was established on 2 March 2016. The main activity of the company is the recovery of sorted materials. This class includes the recycling of metallic and non-metallic waste, scrap and other products into secondary raw materials. The company was founded and carries out its activities at the address: Palemono str. 1, Kaunas City Municipality, Kaunas city.

Rafimeta, JSC collects and recycles non-hazardous waste in Europe and the CIS countries. The company’s goal is to recycle obsolete electronic devices. The company helps to ensure proper waste logistics from the desired location and guarantees proper recycling of obsolete electronic equipment.

The purchased equipment will allow the company to produce a purer product with less impurities, so the final selling price of the product will increase significantly. Currently, the company has limited possibilities to shred electronic boards and other purchased raw waste and to divide the flows of raw using the available equipment. The purity of the resulting product amounts in average 50%. With the introduction of technological improvements, it is planned that the purity of the product could be increased to 85%.