EAD, a leader in document and archive management, is strengthening its presence in northern Portugal with a €1.5 million investment. This expansion includes the acquisition of two new warehouses in Porto and the hiring of 44 new employees to support its growing operations.
Increasing Capacity to Meet the Demand for Digitization
With this investment, EAD is adding 1,600 m² of storage space, capable of accommodating up to 120,000 containers, and 400 m² of office space dedicated to expanding its back-office archiving services. This decision responds to the growing demand for digitization and modernization in businesses.
CEO Paulo Veiga Emphasized the Critical Importance of This Expansion, Stating:
"There are opportunities where we can create real value for our clients, and for that, geographical proximity is essential. Being close to our markets and understanding their needs is what sets us apart."
Strategic Center for Iberian Expansion
EAD is positioning its operations center in Vilar do Pinheiro, Porto, as a strategic point to expand its presence in the Iberian Peninsula, with a specific focus on Spain and the Galicia region. This move is part of a broader growth strategy that includes investments in technology and infrastructure development.
With a horizon extending to 2025, EAD aims for a 15% growth in revenue, targeting a sales volume of €18 million. The company is committed to consolidating its leadership in the Iberian market, expanding into Spain, and exploring new collaboration opportunities in the region.
Paulo Veiga Reiterated EAD's Long-Term Vision, Stating:
"With a solid foundation and a long-term vision, we are ready to make 2025 a year of growth and achievements. Our commitment is clear:
to continue on a path of success and sustainable development for our clients, employees, and partners."
This growth marks a vital step in EAD's mission to lead the digital transformation of document management, reinforcing its position as a key player in the Iberian market.
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