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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