July 22nd 22
Business

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Coindu strengthens advances toward industry 5.0

A world reference in the production of upholstery for major car brands, Coindu is one of the national textile giants. The company invested heavily in R&D, with a reinforced commitment to the concept of Industry 5.0. The recourse to artificial intelligence, automation, and digital registration, increases competitiveness and premium positioning for the company.

Based on Joane and with more than 2200 employees, the Mayor of Famalicão, Mário Passos, recently visited the mother unit. The meeting took place in the context of the Famalicão Created IN roadmap that supports business, creative and innovative projects in the county and whose main objective is to learn about Coindu’s business projects for the coming years.

With unique operational solutions for the automotive sector, Coindu manufactures for the Premium and Luxury automotive industry markets, supplying upholstery for brands such as Tesla, Porsche, Aston Martin, Lamborghini, Lotus, BMW, and the Volkswagen group.

With all products made in Joane being 100% for export, the company plans to achieve a turnover of over 362 million euros at this unit this year, representing around 50% of the Coindu Group’s turnover.

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