Projects

Name of project: TP Worldwide
Project code: POCI-02-0752-FEDER-002130
Main objective: to strengthen the internationalisation strategy of Penedo Textiles.
Region of intervention: NORTH
Recipient: TEXTEIS PENEDO, S.A.
Approval date: 31/08/2015
Start date: 01/06/2015
End date: 31/05/2017
Total eligible cost: 418,015.00 €
European Union financial contribution: 188,106.75 €
 
Objectives, activities and expected results: This project supports and strengthens the internationalisation strategy of Penedo Textiles, which sees planned investments as an opportunity to consolidate its presence in traditional markets, while also allowing the
company to enter new markets.

The Si Internationalisation project began on 1st June 2015 with a duration of 24 months, ending on 31st May 2017. This is an internationalisation project, aimed at supporting Penedo Textiles' ability to add greater added value to the products and services provided and being able to reach international markets in countries strategically chosen by the company, such as Spain, France, Germany, United Kingdom and Italy (due to their proximity); the United States of America and South America, the United Arab Emirates (due to high consumption and consumer demand) and South Africa.