# Ramada Aços to invest EUR 10M in product diversification and innovation

Ramada Aços announced a EUR 10 million investment project to diversify its product portfolio, introduce innovative production processes, and increase efficiency. The project is co-financed by the European Regional Development Fund and aims to boost international sales, focusing on large machined blocks and custom parts for automotive molds and aerospace.

- Type: Investment
- Announced: 2017-11-03
- Where: Portugal
- Value: $11.6M (10.0M EUR)
- Status: announced
- Products: large machined blocks, customized parts with unique dimensions, high-quality finish parts with reinforced mechanical characteristics
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Ramada Aços](https://endata.com/companies/27835.md)

## Sources

- [ramada.pt](https://www.ramada.pt/pt/media/noticias/projeto-de-investimento.html), 2017-11-03: "A Ramada Aços definiu um projeto de investimento que totaliza aproximadamente 10 milhões de Euros, tendo em vista a diversificação do portefólio de produtos, a introdução de processos inovadores de produção e o incremento da respetiva eficiência."

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