Project description
Project for Increasing Productive Capacities through the Development of New Products and Services to Complete Value Chain Presence and Sustain International Presence.
Project code | CENTRO-02-0853-FEDER-000577
Main Objective | Strengthening the competitiveness of small and medium-sized enterprises. Protecting the environment and promoting resource efficiency.
Intervention Region | NUT III Aveiro Region
Beneficiary Entity | Divilux – Divisão de Espaço, Lda.
Approval Date | 10-08-2015
Start Date | 01-05-2015
Completion Date | 30-04-2017
Total Eligible Cost | 1,102,379.15 euros
Financial Support from the European Union | FEDER – €661,427.49
Objectives, Activities, and Expected/Achieved Results:
STRATEGIC OBJECTIVES
- QUALITATIVE – WHAT WE INTEND TO DO
1. Expand the range of products to grow in the value chain and offer integrated projects;
2. Radically improve machining processes as well as production planning and control processes to increase productivity;
3. Implement a traditional and digital marketing and communication strategy to leverage the company’s international presence.
- QUANTITATIVE – WHERE YOU WANT TO GET
1. Increase turnover by 76% between 2013 and 2019;
2. Increase productivity per worker (GVA/FTE) by 133% between 2013 and 2019;
3. Achieve international turnover of €1,449,940 in 2019.
ACTIVITIES
1. Develop new lines of innovative partitions combining different materials and an office furniture line that, together with new acoustic insulation systems, allows progression in the value chain towards integrated partition projects and high-image furniture solutions;
2. Introduce management, production planning, and control methodologies, from budgeting to assembly control, to increase resource efficiency and stock management, through the introduction of industrial and commercial plans and production plans;
3. Strengthen the company’s international presence to compensate in foreign markets for the contraction in the domestic market resulting from the recent economic situation, the effects of which are expected to persist in the coming years;
4. Develop, through constant benchmarking exercises, a marketing and communication strategy based on presence at fairs and commercial visits to customers and innovative digital methodologies;
5. Expand production capacities beyond carpentry and locksmithing by introducing a glass line to reduce dependence on third parties and provide the company with more capacity for internal solution development;
6. Start developing its wire and die systems for aluminum profile extrusion through modulation and 3D printing to reduce development and approval times for these.
EXPECTED OUTCOME INDICATORS:
l1 – Gross Value Added: 1,036,258.55 euros
I2 – Creation of Qualified Jobs: 3 jobs
I3 – Turnover: 1,565,357.72 euros
RESULT ACHIEVED INDICATORS IN 2017:
I1 – Gross Value Added: -159,393.49 Euros;
I2 – Creation of Qualified Employment (CEQ): 3 Jobs;
I3 – Turnover: 111,838.40 Euros