Latest news and stories about investment in Porto, Portugal for expats and residents.
Economist Óscar Afonso warns that the Government has failed to adequately prepare Portugal's economy for the post-RRP period, projecting severe budgetary consequences ahead of the 2027 State Budget.
Four Portuguese companies, including a Porto-based AI firm and an aesthetic clinic, have signed agreements to expand their operations into Riyadh, Saudi Arabia.
Portugal is set to launch a new Economic and Business District, a strategic urban development project aimed at stimulating the commercial property market and fostering long-term job creation.
Three prominent businesswomen in the luxury sector discuss how reducing tax burdens and improving professional training are essential for industry growth, while also highlighting the strategic importance of new infrastructure like airports.
The office market in Porto is experiencing high demand, with one-third of the 98,600 square metres currently under construction already reserved.
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.
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 Danish company Coloplast, which specialises in the development and production of medical devices, today inaugurated a production facility in Felgueiras where it has invested 100 million euros; the site currently employs 350 people, with plans to reach 800 jobs within three years.
The municipality of Porto has identified 6,400 buildings showing signs of being vacant. The increase is initially intended for properties, but Pedro Duarte admits that vacant plots of land may be included in the future.
Fiscal “penalty” aims to encourage owners to put vacant houses on the market
Penafiel becomes the first municipality in Portugal to reduce the Municipal Urbanisation Fee to 1 euro.
A Constitutional Court ruling in a case between Finerge, the operator of the Portal da Freita Wind Farm (Amarante), and the local municipality, found that the valuation method for the property value of wind farms or dams violates the constitution. The summary decision, which has not yet been submitted for a vote by the plenary of the Constitutional Court, ...
Proença de Carvalho has opened a new office in the city of Porto, located in the Boavista area. At the same time, the firm has appointed Miguel Gonzalez Amado, who will coordinate the Porto office, and Pedro Duarte Batista as partners, both joining from Vieira de Almeida. “The opening of the Porto office is a natural response to the demand that...
Speaking to Expresso, Porto's councillor for housing promises more homes, details support for families, and urges the Government to act faster to move from intentions to 'results on the ground'. She also defends 'respect for the democratic right to protest'.
Home Luxury New Homes Off-market luxury Homes in Boavista and Vila Nova de Gaia Off-market luxury Homes in Boavista and Vila Nova de Gaia From a cosmopolitan lifestyle of socialites and art houses to riverside port lodges overlooking the Douro, the Porto region offers urban living at its most dis
With a “diversified industrial base”, the Porto Metropolitan Area has seen exports grow by 36% in 10 years and overnight stays double. In Leixões, through which 6% of national exports pass, the Strategic Plan provides for investments of one billion euros by 2035.
Beyond Vision has raised 28 million euros to expand production capacity and strengthen its presence in the European, North American (USA and Canada), and Brazilian markets. The company has acquired space in Trofa for its northern team. “The goal is to increase industrial capacity to meet current demand and the defense pipeline. In ...
Josué Sousa, an airline pilot at TAP, inherited his passion for the real estate sector from his grandfather and an uncle, both of whom had experience in construction, having spent several years dedicated to buying, renovating, and selling properties. The entrepreneur is now making his debut in real estate development with a project of seven apartments in Matosinhos Sul valued at...
Powerdot has inaugurated a repair centre for electric charger components in Porto, representing an investment of 1.5 million euros. The company, which operates a network with more than 13,000 charging points, intends to strengthen its equipment maintenance capacity and reduce dependence on manufacturers. With an area of 600 square metres, ...
Real estate developer Avenue is set to launch two new residential projects in Porto's Campanhã area, targeting the upper-middle class. CEO Aniceto Viegas cites the region's urban dynamism, accessibility, and the future high-speed rail link as key drivers. Despite rising construction costs and licensing challenges, Avenue reports strong sales for its current projects, Fernão Magalhães 127 in Porto and Nolipa in Lisbon, noting that the upper-middle market remains a lower-risk investment compared to the broader mid-market.
A reflection on Portugal's competitiveness on the tenth anniversary of Jornal Económico.
An overview of the upcoming AICEP 2026 Forum focusing on Portugal's economic competitiveness and future prospects.
The Vila do Conde company Quantal is inaugurating its third industrial facility this Friday, representing a seven million euro investment that will allow the company to increase production capacity by more than 55% and double its turnover by 2030. Quantal, which employs nearly three hundred people, also stated that...
The Olympic canoeist advocated for lower taxes on sporting goods and denounced the precarious training conditions. Vanessa Fernandes warned about the abandonment of athletes after their careers.
In its anniversary year, Fábrica 2030, ECO's annual conference dedicated to industry, competitiveness, and business growth, placed the scale of Portuguese companies at the centre of the debate. What is missing for Portuguese companies to go from competitive exporters to companies with true international scale? Business leaders, managers, and investors answered this and...
A company specializing in automation solutions for doors and windows is expanding its presence in the Portuguese market.
The French multinational SOMFY, a specialist in automation systems for building doors and windows, plans to create 700 jobs and produce four million blind motors within five to six years at its manufacturing plant in Felgueiras, which was inaugurated this Thursday, according to group operations director Bruno Stragliati during a visit.
