From 1 January 2015, APDL – Administração dos Portos do Douro e Leixões, SA, came to be called APDL – Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A. (Port Authority of Douro, Leixões and Viana do Castelo), as a result of the merger by incorporation with APVC - Administração do Porto de Viana do Castelo, SA, which was extinguished.
The fusion process, which took place in a professional environment of great tranquillity, with the all stakeholders, enhances a significant number of advantages: creation of synergies by integrating ports into a single organizational structure and by the different experiences in port infrastructure's operation and management; implementation of a complementary management by the two ports, enhancing management efficiency with the best use of available resources; operability increase and continuous improvement of services rendered; streamlining of technical, human and financial resources; administrative and operating costs reduction and also the increase in bargaining power with suppliers and financial institutions.
The management strategy of this new company that maintains the same Board of Directors, is now focused on defining a new business model and in the development of exploration Port of Viana do Castelo activity, in order to benefit from the synergies of the high knowledge and skills in operational, administrative and management, already applied in Port of Leixões. In this way, it will be enhanced the quality of service of that port and it will be developed a more aggressive commercial management leading to the acquisition of new customers and therefore, increasing port traffic.
However, only the corporate name of the acquiring company was amended and it is now called APDL – Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A., keeping the same Tax ID Number and the head offices. All rights and obligations of APVC were moved to APDL.
New Company Identification Elements:
Tax ID Number: 501449752
Company: APDL – Administração dos Portos do Douro, Leixões e Viana do Castelo, S.A.
Object: The mission of APDL, S.A. is to manage the Douro, Leixões and Viana do Castelo Ports, undertaking their economic exploitation, conservation and development, including the powers assigned to the port authority.
Share Capital: 51.035.000,00 Euros
It should also be noted that this fusion is part of the national port sector reorganization, seeming to be the mechanism that best responds to the strategy outlined and the one that more effectively meet future challenges and, consequently, the creation of greater value for the shareholder State.