Arquiled strengthens its international expansion in Latin America.

January 31, 2018
Arquiled strengthens its international expansion in Latin America.

Miguel Allen Lima, CEO of Arquiled, in an interview with Jornal Económico, explains how the company plans to expand in South America starting from Colombia, targeting markets such as Peru, Chile, and Brazil.

"One of our goals for 2018 is to open an office in Bogotá, Colombia," he reveals. "From Colombia, we are exploring opportunities to expand our business into markets like Peru, Chile, and Brazil. We have started visiting these countries with this intention," explains Miguel Allen Lima.The CEO of Arquiled adds that in Colombia, "we have a network of contacts that allows us to start this year of 2018 with greater confidence and that, if everything goes well, will become our operations base for all of South America."Miguel Allen Lima expects to close the current year with over one million euros in foreign sales. 

Miguel Allen Lima also revealed that the company’s turnover reached €7.4 million in 2017, with the goal of achieving €10 million in revenue for the current fiscal year. These figures compare with a turnover of €4.4 million in 2016.

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