Mar2020

MAR 2020, TRANSFORMATION OF FISHERY AND AQUACULTURE PRODUCTS

Luís Silvério & Filhos, SA, Lda., submitted on 07/10/2016 an Application for MAR 2020, under MAR-05.03.01-FMP-0027, as TRANSFORMATION OF FISHERY AND AQUACULTURE PRODUCTS, within the scope of the Operational Program Mar 2020, which was approved on 05/11/2017. The respective Term of Acceptance was signed on 07/26/2017.

This project arose with the need to create a new industrial unit for the transformation of fishery products, with new production processes and new products, increased competitiveness and productivity.

A total investment of € 16,067,465.14 was applied for, the Eligible Expenditure approved was € 13,000,000.00, with a contribution from the European Maritime and Fisheries Fund (FEAMP) of € 6,500,000.00 Non-Refundable Incentive.

The Investment Period of this Project runs between 01/10/2016 and 09/30/2020.