Latest news and stories about job creation in finance in Porto, Portugal for expats and residents.
The office market in Porto is experiencing high demand, with one-third of the 98,600 square metres currently under construction already reserved.
TAP is investing €20 million to build a new aircraft maintenance hub and hangar in Porto, a project due to take two years and expected to create about 200 jobs. The move is intended to increase the carrier’s maintenance self-sufficiency, reduce outsourcing and boost operational autonomy as the airline undergoes privatisation, while Porto’s network will be strengthened with services to Terceira, Praia, Tel Aviv and an enhanced link to Boston.
In the last year, 2,238 companies were created in Porto and another 945 closed down. The city exported over one billion euros in goods in 2025, with a more significant weight in the last quarter totaling nearly 275 million euros. And families are more indebted with housing loans. These data...
AGEPOR states that Leixões “is a strategic asset for companies, for job creation and wealth in the Northern region, and for the national economy.”
Greater Porto will gain 51,000 square metres of new office space this year, according to Sofia Pires, head of Commercial Real Estate at Dils in Porto. She notes that 70% of this new supply is already taken, as companies increasingly encourage employees to return to the office to foster collaboration and culture. Developers are responding to this demand, with 130,000 square metres of office space expected to reach the market by 2028, including major projects like HOP - Heart of Porto, Spark Matosinhos, and various redevelopments by Avenue, Sonae Sierra, Grupo Ferreira, and Mota-Engil. These new developments prioritise sustainability, ESG standards, and green certifications to attract and retain talent. Last year, commercial real estate investment in Portugal reached €2.8 billion, with the Northern region, particularly Greater Porto, attracting significant international interest.
Several grey and black circles are carefully aligned next to the glass wall that marks the entrance to the Optimal Group unit in Alcabideche, in the municipality of Cascais. They are discreet and almost go unnoticed when, upon entering, one spots in the background, next to the sofas, a car door with bullet holes or further ahead...
The President of the European Council gave a speech at the University of Porto and argued that doubling funds for R&D could raise Portugal to a new level of competitiveness.
“Three years ago I was here and promised a lot of growth for Porto and I kept my promise. We will support you and continue to invest in this hub,” guaranteed Sven Schneider, CFO of Infineon Technologies, before an audience mostly composed of employees from Infineon Technologies Business Solutions (ITBS), at the new building in TecMaia – Science and Technology Park.
European Council President António Costa stated at the University of Porto that the 2028-2034 EU budget framework offers a historic chance for Portugal to advance in competitiveness, particularly through increased investment in research, development, and innovation. Costa highlighted the new European Competitiveness Fund and emphasized the need for stronger partnerships between universities and the business sector to boost the country's economic value and job quality.
The Alstom factory in Matosinhos, to be built as part of the purchase of 153 trains by CP, will manufacture 81 trainsets for the suburban lines of Cascais, Lisbon, and Porto, with the remaining 72 being manufactured in Barcelona, Lusa reported.
Vicky Foods has reached an agreement with Adam Foods to acquire the bakery brand Panrico, including key industrial assets such as the Gulpilhares factory in Portugal. The facility spans over 50,000 square metres and features three sliced bread production lines with an annual capacity of 21,000 tonnes. The deal, the value of which remains undisclosed, covers both the Portuguese and Spanish markets and strengthens Vicky Foods' position in the bread category, which has been its primary business line by sales volume since 2022. Last year, Panrico generated over 23.8 million euros in revenue across both markets.
The Spanish construction firm Eigo Construcciones has opened an office in Porto, reports El Economista. The goal is to expand its business in Portugal, which began in 2023, with a focus on the logistics and data centre segments. The company currently has 19 projects underway between Spain and Portugal.
Gaia City Council and the Eastern Province of Saudi Arabia signed a cooperation protocol aimed at attracting investment for a “new city” of 300 hectares and for an urban entertainment park covering a further eight hectares. The memorandum of understanding was signed this Friday in Vila Nova de Gaia by the municipality's president, Luís ...
Portuguese airline TAP plans to invest €20 million to establish a new aircraft maintenance hub in Porto.
France’s Airbus is beefing up its investment in Portugal. The company will enlarge its factory in Santo Tirso by 5,500sqm, the equivalent of a 30% expansion of its industrial space The post Airbus increases investment in Santo Tirso operations appeared first on Portugal Resident.
Home News Dutch tech company hiring in Portugal Dutch tech company hiring in Portugal The Dutch group Conclusion, through its company Neotalent Conclusion, has inaugurated a new office in the Trinity Porto complex for its 115 employees.
The Dutch group Conclusion, through its company Neotalent Conclusion, has inaugurated a new office in the Trinity Porto complex for its 115 employees. The tech company expects to hire an additional 50 professionals over the next two years. "The opening of this new office in Porto reflects the strong relationship we have been building over the past ten years with ...
On the sidelines of a ceremony in Baião, the head of government also points to an average salary of “2,500, 2,800 or 3,000 euros”, but only schedules this goal “when there are foundations for it”.
José Teixeira, president of DST, discusses the paradigm shift that modular construction represents, the social role of architecture in buildings, and the importance of “bringing beauty to everything we do”. He also talks about innovations in the management of his group and laments the labour review that will lead to a general strike this week. It is a senseless battle, influenced by “some very conservative businessmen”. Listen to him on the League of Innovators.
The European Customs Authority is expected to have 250 employees and begin operations next year. The bid was presented on Tuesday in Brussels by the president of the Porto Municipality, the Minister of Finance, and the Minister of Foreign Affairs.
