INDASA investment

After careful thought and analysis, INDASA decided to implement a strategic plan for the next 20 years, which comprises an investment plan to be carried out in several stages.
The first stage started up in 2012 with the following goals:
- Apply the technological development and innovation to the manufacturing processes and products taking advantage of the continuous R&D internal efforts and taking into account the latest scientific and technical developments;
- Increase operational productivity particularly concerning internal logistics through the redefinition and optimization of process layouts;
- Adapt the production capacity to the predictable needs for the period of 2012-2017 taking into account not only the predictable development of the current markets but also the new target markets;
- Strengthen exporting capacity, strongly dependent on a high technical quality and order-shipping promptness and reliability;
- Strengthen the aspects concerning the sustainable-growth activity framework, particularly those related to energy-saving.
In order to achieve these goals, the project includes two new buildings, new computer-operated warehouses, sophisticated material-handling systems and the purchase of new production and conversion equipment. With the goal of raising operational efficiency, this investment project also includes a deep renovation and expansion of the supporting computer systems, related equipment and management systems.
This investment project was submitted to QREN – SI INOVAÇÃO – Aviso 02/SI/2012. This application has been approved subject to some requirements such as:
- Investment amount: € 14,113,248.40
- Eligible investment: € 7,398,005.16
- Repayable investment: € 3,329,102.32
- Accomplishment prize: € 1,730,684.15
- Investment period: April 2012 to April 2014
The approved incentive allowed the company to reduce the investment time from 4 years to 2 years
