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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.

MIDEST 2018
MIDEST LYON 2017
Welder working