Portugal 2020

8. 02. 2021

 

Support within the scope of the Incentive System | Productive Innovation

Project-Code | POCI-01-0249-FEDER-044996

Designation of the Project  | LS4FA - LightingSolutions4FutureAutomotive

Main Objective   | Strengthen Research, Technological Development, and Innovation

Promoter  | ASPÖCK PORTUGAL, S.A.

Intervention Region | Norte

Approval Date  | 08-08-2019

Start Date: 18-03-2019

End Date: 17-12-2021

Total Eligible Cost: 5.609.534,88 EUR

EU Financial Support | FEDER: 841.430,23 EUR

Investment Executed: 4.525.770,87 EUR

Investment to Execute: 1.083.764,01 EUR

 

Project Description and Objectives:

In order to strengthen its international presence, Aspöck has been keeping up with changing market demands, continuously focusing on the production of high value-added lighting solutions.

Thus, in order to provide an adequate response to the complex challenges of a competitive market, the Company intends to increase the results from internal R&D projects, focusing on the production of innovative solutions that may integrate its portfolio.

With this goal in mind, it is intended the implementation of productive equipment and advanced systems aiming to the industrialization of new lighting solutions for vehicles, different in terms of technical and technological complexity, with the intention to increase its competitiveness and efficiency, leveraging the current production capacity of the Company Aspöck.

With the implementation of this strategy, it is intended to strengthen the presence in current international markets, by taking advantage of the competitive advantages in terms of technological innovation and global differentiation, entering new markets.

 

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