JSC „Medium group” operating transport system solutions provider working in the field of telecommunication and providing solutions for transport business optimisation successfully implemented the project “JSC “MEDIUM GROUP” development of export markets” which was carried out during September, 2014.
The company focuses their expansion to the foreign markets and searches for customers worldwide. The most effective way to obtain information about foreign markets is to participate in the local exhibitions, which focus on development of telematics and transport optimisation systems.
Participation in international exhibitions provides a quick possibility to get the required information about the possible foreign partners, share experience and knowledge with other participants and learn about the most interested topics for each of the country. The aim of the project “JSC “MEDIUM GROUP” development of export markets” was to increase the sales of services in foreign markets worldwide. During the project JSC “MEDIUM GROUP” participated in international exhibitions in Norway, Denmark and Sweden supported by European Regional Development Fund in order to strengthen its position in existing markets and increase the company’s brand name. The company was granted 30,693.63 euro support by The European Regional Development Fund, Export Development under 2007-2013 Economic Growth Operational Programme measure “New Opportunities” which promotes development of Lithuanian businesses in foreign markets. The project was supported by Republic of Lithuania and partially financed by the European Regional Development fund. The implemented project allows the company to achieve better performance due to knowledge and business contacts obtained which allows to reach foreign markets and increase the company’s sales and export growth, in turn to offer new services to foreign markets.