Location: Portugal

AAPICO Águeda was inaugurated by AAPICO Maia in 2017 with the objective of designing, developing, and producing safety-critical nodular iron components for the automotive industry, particularly powertrain and engine components. The company is a subsidiary of AAPICO Hitech Public Company Limited, wholly owned through AAPICO Maia, with a paid-up capital of EUR 8 million.

AAPICO Águeda is located at Avenida das Duas Rodas, 1091, 3750-860 Borralha, Águeda, Portugal, and currently employs 134 personnel. The company operates under the management of Mr. Koh Lian Jet, Chief Executive Officer (CEO) of AAPICO Group’s operations in Portugal. Its main customers include BMW, Dana Spicer, CIE Automotive, PM, and Linamar.

AAPICO Maia is a subsidiary company of AAPICO Hitech Public Company Limited with a paid-up capital of 6 million Euro. AAPICO Maia is located at Rua Jorge Ferreirinha, 679, 4470-314 Maia, Portugal and currently employs 549 personnel in its operation. It is under the management of Mr. Koh Lian Jet, Chief Executive Officer (CEO) of AAPICO Group’s operations in Portugal. AAPICO Maia owns 2 industrial areas that design, develop, produce, and machine safety-critical components in nodular iron for the automotive industry, namely brakes, suspension, powertrain, engine, and steering. The company buys 80 percent of the raw material and services needs in Portugal. All production is exported to markets all over the world, with an incidence of 90% to Europe. Main customers of AAPICO Maia include Volkswagen, Stellantis, BMW, Ford, Daimler, Renault, Aumovio, and Dana Spicer.