Carmo Wood enters Chinese market
The Portuguese treated wood company Carmo Wood has entered both the Chinese and Middle East markets.
The company, one of the leaders in its field in Europe with over 40 years of experience, recently won an exports award at the AICEP Investment and Export Awards 2019.
The company has netted projects worth €2.2 million including in China’s growing wine industry by sharing its knowledge and experience to increase vine quality and developing wine making techniques suited to current systems and requirements of modern vineyard trellising — one area in which Carmo Wood excels.
The company will develop training in this area, provide products and solutions and put a team dedicated to the Chinese market on the ground which will follow the entire processes.
In the Middle East, Carmo Wood will help to develop and optimise electricity distribution networks in villages and underdeveloped outlying areas by supplying EU certified low voltage wooden electricity posts.
With this €2 million+ project, Carmo Wood has been able to enter a market traditionally dominated by highly competitive companies from Finland and Sweden.
A market leader in various countries and various segments, Carmo exports to over 40 countries and has a turnover of around €70 million and an annual growth of 20%.
It has its headquarters in Lisbon and four factories: Pegões, Almerim and Oliveira de Frades with export production representing around 50% of all its turnover. Carmo has its own branch companies in Spain and France with offices in Madrid, Algeciras (Spain) and Bordeaux (France).