Experts from the national competition “Prize for Innovations 2011″ organized by Lithuanian Innovation Centre together with Lithuanian Confederation of Industrialists announced the results.

After several stages of selection out of over two hundred of those interested in the competition and out of 79 final participants, 14 companies were announced the winners in three categories of the national competition “Prize for Innovations”. The competition, which has already became a tradition, is fostered by the Ministry of Economy and is organized for the seventh year in a row. The aim of the competition is to promote entrepreneurial thinking, technological development and provide companies with an opportunity to asses their competitiveness and innovation.

Winners in the category of “Innovative Company”:

  • UAB “Ekspla” – manufacturers of laser systems and their components;
  • UAB “PRECIZIKA METROLOGY” – design, production and installation in industry of metrology equipment;
  • UAB “ALGORITMŲ SISTEMOS”- creators of information systems and programs for business;
  • UAB “Selteka”- manufacturers of electronic products;
  • AB “PANEVĖŽIO BALDAI” – road construction and reconstruction company;
  • AB Machinery Factory “Astra”- machine building and metal processing company;
  • UAB “Elektros zona” electrical service providers.

UAB “Selteka” can be proud that in the last five years the company has received awards for innovations for already fourth time.

The “Innovative Company” prize was awarded for already second time, the first prize was awarded in 2007.

In 2008 and 2009 “Selteka” won in the category of “Innovative Product” for designing Lithuanian digital TV set-up boxes.

This year “Prize for Innovations” competition surprised with a record number of different applications and this only proves the popularity of the competition”, claims Kastytis Gečas, director of Lithuanian Innovation Centre (LIC). “The experts found it more difficult than ever to make decisions since not only did the number of economic activities increase, but also the quality of applications became significantly higher. We are impressed by all participants, their precipitation and most importantly their philosophy and principles of business ethics that they follow”, adds the head of LIC.

The winners receive diplomas and figurines of the competition and also are able to use the name of “Prize for Innovations” for promotional purposes.

Awards and overviews


UAB “Selteka” successfully introduced its newest products “CIC-402HD” and “IF-402HD” in the exhibition “CSTB 2011” in Moscow on 1-3 February 2011. The new products of “Selteka” designed for the Russian market received especially great attention. Presentation of the IPTV set-top box “IF-402HD” was especially successful. A contract for the distribution rights of the latter product was signed with one of the leaders of digital TV solutions in the CIS countries – the company “BCC” – during the exhibition. “Selteka” met and established over 50 new contacts during the three days of the exhibition.


UAB “Selteka” successfully implemented the project “Intellect LT”: “Creation of hybrid multimedia nodes with E-functions” financed by the EC structural funds. 1.35 million Lt was invested in new technologies.

UAB “Selteka” successfully implemented the project “Strengthening the qualification and skills of the human resources of UAB “Selteka” financed by the EC structural funds. SFMIS number of the application: VP1-1.1.-SADM-01-K-01-183. A total of 90 employees of the company from managers of all levels and engineers-technologists to workers were trained during the project. 652,940.00 Lt was used for the training of the employees.

2011 – 2007

UAB “Selteka” successfully completed 4 projects during the last five years:

  • “Designing DVB-T digital format channel selectors for digital television”, No. 6537901-01-01-0053;
  • “Designing a DVB-T set-top box for reception of digital format TV programs”, No. 8-502/4GAL.1;
  • “Designing an integrated digital module for a hybrid TV set in order to increase competitiveness and level of enterprise of UAB “SELTEKA” and to increase the potential of scientific research of the company”, No. S-BPD2004-ERF-3.1.7-06-06/0004;
  • “Expansion of the functions of the interactive TV receiver for E-services”, No. VP2-1.3-ŪM-01-K-01-016.

All these projects were partially financed by the Ministry of the Economy of the Republic of Lithuania and the European Union structural funds. Total value of the projects amounted to 710,830 Lt or 205,870 EUR.


The digital set-top box “TF-401” was awarded a prize for innovations in the national competition category “Inovatyvus gaminys” (“Innovative product”).


UAB “Selteka” was acknowledged as one of the best in the country and was awarded the prize of the national competition “Inovatyvi įmonė ‘07”.

The business of production and assembly of electronics products services was started in Russia, Kaliningrad Oblast.
The project of UAB “Selteka” in the field of digital television won subsidies from the EU structural funds.

UAB “Selteka” became the largest manufacturer of TV channel selectors in Europe. 3.2 million units were produced.

Two projects for development of digital television products won competitions for obtaining financing under the PHARE programme of the Ministry of the Economy of the Republic of Lithuania and the EU.

A network of distribution of TV service products was created in Europe and the CIS countries.
Development of the business of assembly of electronics products services was started.

UAB “Selteka” was the first one among the electronics companies in independent Lithuania to implement the quality management system LST EN ISO 9001:2000.

It was the first company in the former USSR that started serial production using SMD equipment and SMT technology.

7.5 million TV channel selectors were produced which amounted to 53% of the market demand of the Soviet Union.

It was the first company among the electronics factories in the former USSR to implement the surface mount technology (SMT).