The goal is to digitalize the company’s processes and increase efficiency by implementing the ERP MONITOR enterprise resource planning system and the necessary server infrastructure for its operation and data security. As a result of the project, the company’s resource planning, data management, and the efficiency of business processes will be improved. “The project has been implemented with the support of the European Union Recovery Fund.

 

About the Recovery Fund

The Recovery Fund (Recovery and Resilience Facility) is a centrally managed budget program of the European Commission, established in addition to the EU’s multiannual budget for the 2021–2027 planning period. Its objective is to support reforms and investments related to the transition to a green and digital economy, as well as to mitigate the social and economic impact of the crisis. A total of €1.97 billion is planned to be invested in Latvia’s economy from the Recovery Fund by the end of 2026, implementing reforms and investments across all six areas of activity: Climate and Energy (including REPowerEU), Digital Transformation, Reduction of Inequality, Economic Transformation, Health, and the Rule of Law. More information: www.esfondi.lv.