After almost 24 years from the date of its creation, Lotaçor experienced a period of internal restructuring, with a new organizational structure and new concepts of operation and reducing the number of auctions available, accompanied by a new integrated management system, ensuring a constant improvement and performance.
However, under the necessity of restructuring the public sector regional Lotaçor is transformed into a limited company, acquiring the name of Lotaçor-Service Auctions Azores, SA.