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COMMUNITY SUPPORT

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Project designation:
Increase in LTDye's production capacity, with a view to optimizing production and penetrating new market segments.

Project code:
NORTE-02-0853-FEDER-033766

Main goal:
Strengthen the competitiveness of small and medium-sized enterprises

Intervention region: Trofa

Beneficiary entity: LTDYE - LAVANDARIA E TINTURARIA, SA

Approval date: 23-02-2018
Start date: 2017-09-27
Date of the conclusion: 26-09-2019
Total eligible cost: €1,943,816.00
Financial support from the European Union: €971,908.00

Objectives, activities and expected/achieved results:
With this project, LTDye intends to increase the company's capacity, in order to respond to the current segment (home textiles) and to expand to new technical textiles (hospitality, health and sports). Entry into new market niches/segments - clothing, with a special focus on denim.
The aim of this project is to increase capacity from 8 ton./day to 12 ton./day.

The main results to be achieved in the post-project include:
• Gross Added Value of €2,637,412;
• Creation of 8 qualified jobs;
• Turnover of €4,503,214.

With this investment project, the company intends to adopt a series of innovative actions/measures, not only in terms of production, but also in terms of energy efficiency, organization and marketing.

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