Project Designation: Individual Internationalization Project
Project code | POCI-02-0752-FEDER-011778
Main purpose | Increase the company's competitiveness
Intervention region | North
Beneficiary entity | Ferreira Marques & Irmăo SA
Date of approval | 26/01/2016
Start date | 04/09/2015
Ending date | 03/09/2018
Total eligible cost | 504.984,23€
Financial support from the European Union | FEDER - 227.242.90€
Project overview:
With this internationalization project, the company aims to achieve penetration in five new markets (Saudi Arabia, Qatar, Kuwait, Mexico and Oman), and for such proposes, to develop actions that are related to the following operation types:
- Knowledge of foreign markets by participating in international fairs and exhibitions;
- Attracting new customers from international markets, making prospecting trips in those markets;
- Carrying out several marketing actions aimed at the international markets;
- Web presence through the digital economy, with the design of digital catalogues as well as the development of the company website.
With this internationalization project, the company intends to increase its international sales volume by € 1,331,511.89, as well as an increase in the total turnover of € 1,899,636.85
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Project designation: Qualification for Internationalization Project
Project code | POCI-02-0853-FEDER-011919
Main purpose | Incresa the company's competitiveness
Intervention region | North
Beneficiary entity | Ferreira Marques & Irmăo SA
Date of approval | 09-06-2016
Starting date | 08-09/2015
Ending date | 07/09/2017
Total eligible cost | 63.984,66€
Financial support from the European Union | FEDER - 28.793,10€
Project overview:
In order to achieve the competitive advantage necessary to succeed in the process of expanding the domestic and international markets, the company set an investment strategy, endowed with innovative management tools responsive to the needs of the markets.
Inserted in this strategy, the company invested in management, applying a new method of management to all business processes, from production, distribution to the management of human resources by investing in an integrated information system, that manages all information relating to all activities pertaining to its value chain and which falls in the Investment typology of Organizational Innovation and Management.