SUPPORT GRANTED BY THE EUROPEAN UNION TO PORTUGUESE COMPANIES
FREIRE & FREITAS
R&D CREATION OF...
Project designation: Economic recovery of waste and dynamization of inland territories
Project code: CENTRO-02-0853-FEDER-040097
Main Objective: Strengthen the competitiveness of small and medium-sized companies
Intervention region: Center
Beneficiary entity: Freire & Freitas, LDA
Approval date: 26-06-2018
Start date: 07-02-2019
Date of completion: 06-02-2021
Total eligible cost: 1.015.080,60 €
European Union financial support: 710.556,42 €
Objectives, activities and expected/achieved results
The company intends to dismantle electrical and electronic waste and from there extract precious and non-precious metals in pure state, and some products will be directed to investors, platforms for the purchase and sale of precious metals, even though they anticipate that the main buyer will be the industry.
It also provides for the mechanical treatment/crushing of less valuable materials, such as plastic, which will result in a resin that will be directed to the manufacturing industry.