O2A PROJECT - PRODUCTIVE INNOVATION
Project designation | O2A
Project code | SI-53-2015-20 - Project No. 14283
Main purpose | TO 3 – Strengthen the competitiveness of SMEs
Intervention region | Center
Beneficiary entity | O2A - Self-adhesives, SA
Approval date | 2016-10-30
Start date | 2015-10-30
Completion date | 2017-09-29
Total eligible cost | €510,383.13
European Union financial support | ERDF: €357,268.19 | ESF: €3,303.13
National/regional public financial support | AT
OBJECTIVES, ACTIVITIES AND EXPECTED RESULTS
O2A Autoadesivos, S.A. was founded in 1996, having as its base activity the transformation of self-adhesive products, oriented to different purposes and different activity sectors. The company develops acoustic and thermal insulation solutions, sealing and anti-vibration joints, specializing in the printing, processing and marketing of self-adhesive products.
Taking into account the medium and long-term strategy, the company presented a project to the aforementioned incentive system, with the objective of providing O2a with new equipment that will allow the company to increase its response capacity. The O2A project is based on productive investments aimed at increasing production capacity, since the current installations has reached its threshold.
With this investment, O2A will “do the same” but “in greater quantity” and with “more rigor and quality”, therefor, increase its production capacity and simultaneously introduce technological improvements in the production process, thus ensuring a higher quality product. The new equipment complement the current and will enhance company growth.
With the implementation of this project, the company will be technologically equipped to diversify its product portfolio.
Project supported and financed by european union funds within the scope of the SI incentive system qualification and internationalization.
The project in question concerns the implementation of a two-layer composite based on felt and PE sheet.
The objective of the project the business did not cease its activities during the period of which the subsidity is designed. This objective was met.