Beontag Opens New Global Center of Excellence for R&D

Beontag has opened an R&D center in Tampere, Finland. The investment size is $40 million and the facility houses 50 employees. Beontag plans to invest further in machinery and equipment while simultaneously growing the workforce and working with the IoT ecosystem in Finland.

Beontag has a long-term plan for the company’s growth in Finland. According to the company, Finland, and specifically the city of Tampere, has long been home to leading companies in RFID (radio-frequency identification) technology, and IoT more widely. The history and strength of the ecosystem means that Beontag will be able to work with a talented group of people with rich experience and insights into technological possibilities across a range of sectors.

Beontag’s investment decision has confirmed that Finland’s highly skilled and digitally expert workforce creates a tech talent pool that is second to none. When one adds all of this to Finland’s broader commitment to technology development, research, and education, it’s easy to see why Beontag sees Finland as the perfect home for their continued investment in research and product development.

“We were delighted to establish a state-of-the-art facility in Tampere. As our company continues to meet the existing and emerging needs of customers around the world, our success depends upon an unshakeable commitment to innovation, best-in-class facilities, top-quality equipment, and a truly exceptional team. We are grateful to have found all that and more here in Finland,” Beontag’s CEO, Ricardo Lobo, summarizes.

After expanding its footprint in Finland through acquisitions, Beontag has combined its resources and expertise with those of RFID and IoT solutions provider Confidex and the RFID business unit of Digital Tags Finland.

Beontag’s business scope has grown considerably from its origins in label manufacturing to developing technologies that shape efficient and sustainable systems for supply chains, transport systems, payment infrastructures, and communication technologies.

“Research and development will be at the heart of this new facility, and I speak for everybody in our organization when I express my excitement at the prospect of the contributions the Tampere team will make,” Lobo said.

Beontag is committed to promoting sustainability and delivering upon ESG targets that are linked to the UN’S Sustainable Development Goals (UNSDGs). This effort spans the value chain, enabling customers to meet sustainability-focused regulatory requirements through the company’s industry-leading solutions.

Among Beontag’s sustainable solutions is the ECO RFID tag, which enables its consumers´ reduction of indirect emissions by more than half the gCO2e per unit compared to a PET/Alu tag.