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تونزي تيليغراف
Loumi Group Invests 17M Euros in Coficab Expansion in Portugal
The Tunisian Lomi Group plans to expand the CofiCabo factory in Portugal through a €17 million investment to build a new production unit in Guarda, focusing on integrated copper processing. This move aims to boost production capacity, incorporate the latest technologies to enter new markets such as renewable energy and robotics, and expand exports to 34 countries, with projected revenues reaching €547 million by the end of 2026 and a growth rate of 26%. Additionally, the factory seeks to increase its production volume to 2.16 million kilometers of cables for electric vehicles and intelligent driving systems.
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