Latest news and stories about investment in Porto, Portugal for expats and residents.
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Why Porto Became the Perfect Choice
ExpatsEverywhere • 47:35 • 3w ago
São Paulo businessman Thiago Tavares plans to expand the Holy Sandwich Shop restaurant in Portugal and invest in social projects in the country. “We are studying where we can help and contribute,” he says.
The budget revision represents the first effective opportunity for the new executive led by Pedro Duarte to move forward with projects planned in its programme for the city, the local authority clarifies.
One trillion dollars. This is the estimated revenue figure for commercial aviation last year, driven by a record 5.2 billion passengers worldwide. However, aircraft production is not keeping pace with this growth, and the latest estimates indicate that more will be needed...
On the site of an old factory in the parish of Campanhã, 124 affordable rental homes will be built for middle-class families, along with another 27 for sale on the free real estate market, in an 18 million euro investment by the Ageas Portugal group. This “Build to Rent” project is the result of a partnership between the insurer and ...
Home News Porto Rising: Why Londoners Are Turning Their Eyes North Porto Rising: Why Londoners Are Turning Their Eyes North By Christina Hippisley, General Manager, Portuguese Chamber of Commerce in the UK in News, Business · 9 hours ago · 0 Comments Credits: envato elements;Author: Image-Source;
Campanhã station and the new stop at São João Hospital were the most sought-after points on a line that will still take time to transport people to Matosinhos.
The Porto region is set to invest €820,000 in the refurbishment of two health centres. The Vale Formoso Health Unit will receive €526,000 for a four-month renovation, while the Foz Health Centre will be upgraded with an investment of €297,000, expected to take 100 days to complete.
The units in Paranhos and Foz do Douro will undergo upgrade works.
The Leixões line will receive an investment of €61.2 million to increase railway capacity and improve operations, with a €32 million works contract awarded on Tuesday, Infraestruturas de Portugal (IP) revealed. “The overall intervention on the Leixões Line [Porto Metropolitan Area], in the amount of €61.2 ...”
The Property Core fund has acquired the Alameda Shop & Spot retail centre in Porto for €51.3 million.
Home News Half of the houses in Porto sold at the start of construction Half of the houses in Porto sold at the start of construction The real estate sector estimates that in Porto, up to 60% of new houses are bought off-plan or at the start of construction.
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 ...
TAP will invest €20 million to put Porto on the maintenance map of the Portuguese carrier. NAV is expected to give the green light to increase aircraft movements per hour from 24 to 26 by the end of the year.
The working group is expected to meet to assess whether an expansion of Porto Airport could have a positive impact on the region. Also, a new poll places Seguro and Ventura in the second round.
The carrier aims to increase its maintenance self-sufficiency and rely less on external services. The hangar will take two years to build. Porto will gain flights to Terceira, Praia and Tel Aviv and will strengthen the link to Boston.
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.
The hub will create around 200 jobs.
Portuguese airline TAP plans to invest €20 million to establish a new aircraft maintenance hub in Porto.
The CA Mais Capital fund's initial investment was over €72 million. The objective is to expand the portfolio into other European countries, notably Spain, Italy and Germany.
The Porto Higher Institute of Engineering (ISEP) is developing an intelligent support ecosystem for older people, made up of a wristband and a smart medication monitor. With an investment of €1.2 million, the project also brings together the Faculty of Medicine of the University of Porto, the Santa Casa da Misericórdia de Vagos and ...
Hospital de São João has refurbished its emergency operating block with an investment of €3 million, upgrading facilities and equipment to improve urgent surgical care.
The project is expected to be completed in the summer of 2026.
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.
China Railway Rolling Stock Corp Tangshan won the contract to supply 18 new trains to Porto Metro, but experienced delays in delivering the rolling stock. As a result, the Chinese company will pay a penalty of €1.03 million. The first train rolled off the production line in July 2022, when ...
