Project designation
Internationalization of V Laser On
Project code
NORTE-02-0752-FEDER-013647
Main goal
Strengthen the competitiveness of SMEs
Intervention region
North of Portugal
Beneficiary entity
V LASER ON - Metalomecânica, S.A.
Approval date
2016-02-21
Start date
2015-11-04
Date of conclusion
2017-11-03
Total eligible cost
95.940,00€
EU financial support - ERDF
43.173,00€
Project description
As a result of its evolution and growth, V Laser On intends to reinforce the internationalization process of its business to European markets where it will cover new countries and expand its share in the current export market (France), with its range of products and services.
Objectives / Expected Results
- Organically and functionally reorganize the company in terms of the operations and budget, planning and projects, commercial and marketing department.
- Achieve productivity gains in terms of the consumption of man/hours per euro of invoicing, above 20% in 2018.
- Achieve a sales volume of 3.3 million euros in 2016, 3.6 million euros in 2017, and 3.9 million euros in 2018.
- Double its 2013 EBITDA at the end of 2018, reaching a value in excess of 500 thousand euros.