# Gestamp invests EUR 16.6 million to expand plant in Vila Nova de Cerveira, Portugal

Gestamp will invest approximately EUR 16.6 million to expand its site in Vila Nova de Cerveira, Portugal, to produce new components for electric and hybrid vehicles. The company will also receive EUR 4.2 million in funding from AICEP.

- Type: Expansion
- Announced: 2026-06-15
- Where: Vila Nova de Cerveira, Portugal
- Value: $18.0M (16.6M EUR)
- Status: announced
- Products: components for electric and hybrid vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gestamp Automoción](https://endata.com/companies/21137.md)
- [AICEP](https://endata.com/companies/92464.md) (investor)

## Sources

- [marklines.com](https://www.marklines.com/en/news/346122), 2026-06-15: "Gestamp will invest around EUR 16.6 million to expand its site in Vila Nova de Cerveira to produce new components for electric and hybrid vehicles."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.