COREP IBERICA was established in December 2009 and is located at ALCOBÇA (Portugal), approximately a hundred kilometres north of Lisbon. This location was chosen to ensure it was as close as possible to the group's existing suppliers. This subsidiary occupies premises spread over 1,100 m_, comprising a storage, electrification and product inspection area, a lampshade and ceiling lamp production line, offices, and a showroom. It currently employs 5 full time staff.

COREP IBERICA's mission is to enable the COREP LIGHTING group to:

• access the Spanish and Portuguese markets; and
• consolidate and control product purchasing and electrification for products purchased in Portugal.

As the flagship company within the COREP LIGHTING group in the Iberian peninsula, COREP IBERICA is the main subsidiary established in Europe, enabling the implementation of the group's geographical expansion strategy.