Location: Portugal

AAPICO Águeda was inaugurated by AAPICO Maia in 2017 in order to design, develop and produce safety-critical components in nodular iron for the automotive industry, namely powertrain and engine components. The company is a subsidiary of AAPICO Hitech Public Company Limited through the 100% equity owned by AAPICO Maia with a paid-up capital of 8 million Euro.

AAPICO Águeda is located at Avenida das Duas Rodas, 1091 3750-860 Borralha, Águeda, Portugal and currently employs 134 personnel in its operation. The company is under the management of Mr. Jorge Fesch, Chief Executive Officer (CEO) of AAPICO Group’s operations in Portugal. Main customers of AAPICO Águeda 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. Jorge Fesch, 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, Continental, and Dana Spicer.