Funded Projects Compete2020
Strengthening CEM’s internationalisation process, with the support of new products and an aggressive digital strategy
Project code: POCI-02-0752-FEDER-071138
Main objective: Strengthen the competitiveness of SMEs
Region of intervention: Centre
Beneficiary entity: CARMO ESTRUTURAS EM MADEIRA S.A.
Date of approval: 13-04-2021
Start date: 01-09-2021
Completion date: 30-06-2023
Total eligible cost: € 182,825.00
Financial support from the European Union: ERDF – € 82,271.25
Objectives, activities and expected/achieved results
With this project, Carmo Estruturas intends to expand into markets where it already exports its products and also make its mark in new international markets. Its main activity is the manufacture of wood and other carpentry products for construction, and in the year following the project it expects to achieve a turnover of €13,048,992.14, with exports representing 35.48% of this total.
Business Innovation
Project name: Business Innovation
Project code: CENTRO-02-0853-FEDER-018440
Main objective: To strengthen the competitiveness of small and medium-sized enterprises
Region of intervention: Centre
Beneficiary entity: CARMO S.A.
Date of approval: 14-09-2016
Start date: 01-04-2016
Completion date: 31-12-2017
Total eligible cost: € 633,205.00
Financial support from the European Union: ERDF – € 443,243.5
Implement new business practices, following a rigorously planned strategy, in order to increase responsiveness and enhance the diversity and value of its range of metal profiles, responding in the best possible way to the needs of each customer.
Global expansion of Carmo SA – Digital strategy for acquiring new customers in new and existing international markets.
Project code: POCI-02-0752-FEDER-040655
Main objective: Strengthen the competitiveness of SMEs
Region of intervention: Centre
Beneficiary entity: Carmo, S.A.
Date of approval: 10-04-2019
Start date: 05-09-2018
Completion date: 04-09-2021
Total eligible cost: € 865,199.03
Financial support from the European Union | ERDF – € 389,339.56
Objectives, activities and expected/achieved results
The Company intends to strengthen its international expansion strategy by boosting its entry into target countries considered attractive, namely (China, Switzerland, Hungary, Tunisia, Algeria, Mauritania, Chile, Argentina, Ivory Coast, Brazil and Greece).
To this end, an action/investment plan has been devised, which includes:
- participation in international trade fairs, prospecting trips to target markets and visits to trade fairs in the sector;
- international development and promotion of brands through advertising in the specialised press, development of targeted marketing campaigns;
- the hiring of two new technicians assigned to the project.