Ficosa has upgraded its presence in Portugal with a new 7,800 sq mt (83,959 sq ft) facility.
The new space, in which the company has invested EUR5m (US$6m), is an expansion of Ficocables, the Ficosa plant in the city of Maia (Oporto), which previously had more than 17,000 sq mt.
Go deeper with GlobalData
The new building, which is expected to go into use in January, includes technical offices, engineering rooms and laboratories. It also significantly increases social spaces available to employees, including a canteen, dining halls, first-aid area, new parking and outdoor green spaces.
“The decision to strengthen the Ficocables plant by constructing a new building is based not only on our desire to boost its efficiency and production capacity to better meet the needs of the European market, but also to better serve our customers and offer a better future for everyone who is part of our team, in modern and more competitive facilities,” said Ficosa Portugal country manager, Costa Pereira.
