EU Projects
PROJECT "CREATION OF A NEXT-GENERATION AUTOMOBILE PARTS RECOGNITION AND PRICING SYSTEM USING AI, MACHINE LEARNING, AND OCR TECHNOLOGIES"
The project aims to develop a next-generation automobile parts recognition and pricing system using AI, machine learning, and OCR technologies. The system will be able to recognize the names and numbers of car parts from images, suggest prices for used parts, identify vehicle VIN numbers from images, and catalog all vehicle parts that were included in the original configuration. The advanced vehicle parts recognition system with integrated artificial intelligence (AI) solutions will be applied in various fields of the automotive industry and services.
Project value: 1,531,107 EUR, of which 1,123,032 EUR is EU funding. The project is co-financed by the European Union.
Project implementation duration: 2024.08.20 – 2026.08.20
The project is being implemented by UAB “Recaras” in collaboration with partner UAB “GTV Projects”.
Contact Information:
Agnė Rakauskienė
tel.: +370 683 05001
el. p: agne@gtvgroup.lt
PROJECT "GTV PROJECTS" NON-TECHNOLOGICAL INNOVATIONS
While performing car dismantling, parts entry, and other processes, the company constantly faces significant time and resource losses. During the project implementation, the company aims to solve the efficiency problem in these processes. To achieve this, the company will implement process/organizational innovations, which will significantly increase operational efficiency, market competitiveness, improve customer service, and create the opportunity to engage in international value chains.
Project value: 198,224 EUR, of which 85,190 EUR is EU funding. The project is co-financed by the European Union.
Project implementation duration: 2024.11.06 – 2026.11.06 The project is being implemented by UAB “GTV Projects”.
Contact Information:
Agnė Rakauskienė
tel.: +370 683 05001
el. p: agne@gtvgroup.lt