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05-03-2007
Money from EU

In the first days of March LUMAG company finished a realization of  investment project realized within the Sectorial Operational Programme - Improvement of the Competitiveness of Enterprises, under Measure 2.3., “Improvement of Competitiveness of SMEs through investments”. This project is the biggest investment of  LUMAG enterprise in technical equipment of R & D department since many years. Under this measure, LUMAG installed a state of art dynamometer for brake testing and developing both – new products and new friction materials. This machine will allow us to test a braking efficiency of our brake linings and pads in different operating conditions, in particular in extremely difficult as a vehicle overloading,  long downhill run  and what is essential – will allow us to improve a quality of ready product (by obtaining the longer mileages).
For this project LUMAG was awarded by a grant of 41,12% of the total cost of investment.
This is the sixth investment co-financed from the European Regional Development Found which LUMAG enterprise realized.

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