Coventry-based Expert Technologies Group has won a multimillion-pound contract in Spain following a €1.4m financing deal involving UK Export Finance (UKEF). Expert Technologies designs and delivers robotic assembly systems, tools and special machinery that support automation in industry. The manufacturer has begun a new project with the Spanish arm of Sumitomo Electric Bordnetze (SEBN), a global supplier of parts for the automotive industry.

The project will comprise two brand-new automated auxiliary harness assembly lines for electric vehicles. Support from UKEF means that Expert Technologies Group has been able to access €1.4m in working capital from NatWest to help it deliver this contract, which will support up to 10 jobs within the group.

More information www.ukexportfinance.gov.uk