Latest news and stories about investment in Porto, Portugal for expats and residents.
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.
Passos will present reformist proposals within two months. While they are not yet public, he gives clues about the plan he has for the country in a long preface to Pedro Gomes Sanches' new book.
To help solve the housing problem, the Porto Business School has created a new research centre applied to the real estate sector. We analyse the main conclusions with the centre's director, Bento Aires.
The case involves 22 defendants, most of whom are Chinese merchants. Capital flight occurred between 2023 and 2024.
Unilabs has completed its Integrated Diagnostic Centre in the Fluvial area of Porto with the inauguration of a new Nuclear Medicine department, following a total investment of over 10 million euros. The facility is heavily integrated with the public sector, with 85% of exams performed for National Health Service (SNS) patients. The new unit provides PET-CT and scintigraphy services for oncology, cardiology, and other specialties. The 4,000-square-metre centre combines 40 medical specialties, AI-enhanced imaging technology, and an on-site pharmacy, aiming to serve up to 1,000 patients daily in partnership with the TRUST Fluvial clinic.
Porto Business School points to a lack of capital, talent, and public demand as brakes on the technology sector, but believes the country has the potential and capacity to create world-class companies.
The AICEP Forum 2026 focuses on enhancing Portugal's international trade and investment promotion strategies.
The historic Garagem Atlântico in Porto will be reborn in 2028 as a creative and cultural space, following an investment of over 10 million euros from foreign investors who have committed to a facility that combines culture, art, design, entrepreneurship, shops, food, and drink. With a full opening scheduled for 2028, the space in the Batalha area will also feature...
PRESS REVIEW | Porto was also the infrastructure that received the most investment from the group last year
The total value of the properties amounted to 32.9 million euros, a figure surpassed by the offer following an auction where the highest bid failed to reach the minimum threshold.
The Grupo Mosqueteiros expanded its presence in the Porto district with the opening of a Bricomarché store and a Roady Auto Centre in Felgueiras last Tuesday (1 September). This investment, which exceeds four million euros, has resulted in the creation of 31 new jobs. The new Bricomarché store, the group's 63rd in Portugal, has a total area of 2,715 m² dedicated to DIY, construction, decoration, gardening, and pet shop products. Meanwhile, the 38th Roady Auto Centre occupies an area of 842 m² and includes a workshop equipped to provide assistance to combustion, electric, and hybrid vehicles. Available services include oil changes, air conditioning recharging, and electronic diagnostics, in addition to a shop with over 4,000 products from recognised brands, the group revealed in a statement. Grupo Mosqueteiros' revenues rose 5.5% last year.
The Portuguese Navy is acquiring 75 tactical vehicles from Spain, supported by European financial resources.
The downtown area of Porto is about to receive a new residential building, featuring eight apartments and a commercial unit on Rua Sá da Bandeira, in what was once a bank headquarters in the 1960s. The project is being developed by Royal Ventures, which has invested over eight million euros.
It is the typical arrogance and presumption that Porto can be 'managed' from the top down from an office, by politicians and bureaucrats who believe they know how others should live.
Tailor-made tender specifications, 'highly unusual' margins, and VIP tickets at the Dragão stadium. The indictment reveals how 15 individuals and companies colluded to defraud European funds.
Rduz, a company from Vila do Conde, is owned by the Benta family. Carlos Benta is the general manager. Pure Planet intends to acquire the entire share capital.
Pedro Duarte earned 192 thousand euros in his last full year in the private sector. He entered Parliament before having an employment contract and received a salary in stock awards while an executive at Microsoft.
A two-year-old startup with roots in Porto has won the global final of the Startup Spotlight at Black Hat in Las Vegas, the world's most prestigious cybersecurity conference. Opnova's AI-driven 'computer-use' agents automate complex, manual IT access management tasks for large financial institutions, mimicking human interaction with software interfaces to eliminate inefficiencies and security risks. With its engineering hub based in Porto, the company is currently scaling its operations and expanding its client base among major US banks.
The measure, published in the Diário da República, applies to 'all urban development operations intended for housing construction'. The municipality is waiving revenue to 'reduce costs for families'.
Starting this Friday, Penafiel is the first municipality in the country to set the Municipal Urbanisation Fee (TMU) at the symbolic value of one euro for all urban development operations involving housing construction, the local authority announced. The measure aims to reduce the costs for those building their own homes and to encourage...
The Ministry of Economy assures that the construction obtained a favourable opinion from the various entities involved. The investment, led by SCOF II Investments, is around 3.2 million euros.
The Ministry of Economy has approved the construction of a 4-star rural hotel at Quinta Solar da Pousada in Amarante, located within the National Agricultural Reserve (RAN), citing 'relevant public interest'. The project, proposed by Scof II Investments, involves converting 14,733 square metres of protected land to non-agricultural use. The development, valued at approximately 3.2 million euros, aims to create five new jobs by restoring existing buildings and infrastructure while maintaining the property's agricultural character, including its vineyard and olive grove.
The Baião City Council, in the Porto district, has acquired the Frende neighbourhood, which has been abandoned for three decades, and will rehabilitate it to boost housing supply in the municipality as part of the 2027-2032 Local Housing Strategy. The acquisition, costing 150,000 euros, brings a set of properties into the public sphere to provide several homes, even if fewer than the 16 existing, dilapidated, and small units. Mayor Ana Raquel Azevedo (PSD) also noted that the recovery of the Cine-Alvorada, a well-known cinema built by the same person who developed the neighbourhood, is under consideration. The municipality is currently addressing the needs of 326 families eligible for the 'Primeiro Direito' programme, with a long-term goal of completing the housing strategy by 2032, representing an investment of approximately 47 million euros.
