Latest news and stories about job creation in Porto, Portugal for expats and residents.
Galp's Innovation District project at the former Matosinhos refinery site is projected to generate 100,000 jobs and contribute two billion euros annually to the Portuguese economy over three decades.
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.
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.
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.
Axioma Metering lays the first stone in Lordelo. Half of the 200 planned jobs will be for highly qualified labour.
A major Swedish company in the compressed air sector has increased its presence in Portugal by purchasing a business based in Valongo.
The Social Employment Market actions, supported by the European Social Fund Plus, finance projects that promote the inclusion of people at risk of social exclusion.
The Social Employment Market actions, supported by the European Social Fund Plus, finance projects that promote the inclusion of people at risk of social exclusion.
The former Galp refinery in Matosinhos will be converted into a development that combines housing and services.
The conversion of Galp's former refinery in Matosinhos into an innovation hub is estimated to have a €65 billion economic impact and create 100,000 jobs, the company announced on Thursday, July 2. The project, dubbed the 'Innovation District', aims to become one of Europe's largest urban regeneration schemes, featuring housing for 19,000 residents, space for 30,000 university students, and an integrated ecosystem for research and business. A PwC study projects significant growth in GDP, value-added output, and exports over a 30-year period, while emphasizing the importance of sustainable mobility and infrastructure development for the region.
Galp‘s proposed Innovation District on the site of its former Matosinhos oil refinery could generate more than 100,000 jobs and contribute around €65 billion to Portugal’s economy over the next The post Galp project could create 100,000 jobs in Matosinhos appeared first on Portugal Resident.
A new train manufacturing facility is set to transform the transport sector in Portugal.
The Prime Minister says there is legislation so meticulous that it only gets in the way. Luís Montenegro was present this Tuesday at the laying of the foundation stone for a train factory that will be built in Matosinhos.
Following a process hindered by overly meticulous transparency guarantees, the foundation stone for the Alstom factory has been laid. The facility is expected to build three trains per month in Matosinhos.
Construction has begun on the Alstom train factory in Guifões, Matosinhos, in partnership with the company DST. The first train is set to leave the facility in 2029. The factory is expected to be completed by 2028, covering an area of 20,000 square metres. It is estimated that 300 direct jobs will be created through the hiring of qualified technicians, along with 1,000 indirect jobs. In a statement, the Ministry of Infrastructure and Housing announced that 81 trains will be produced for national suburban lines, each with three carriages and a capacity for 450 passengers. The establishment of the factory in Portugal is part of a contract for the acquisition of 153 trains by CP from Alstom. The associated investment amounts to 1.064 billion euros, a record figure for rolling stock, highlighted the ministry led by Miguel Pinto Luz. Prime Minister Montenegro noted delays and price increases, recalling legal issues that stalled the process since the 2021 public tender, when António Costa was Prime Minister and Pedro Nuno Santos was Minister of Infrastructure. He emphasised that the delays resulted in higher costs, to the detriment of Portuguese citizens.
A new train manufacturing facility is scheduled to open in Portugal by 2028.
The Portuguese branch of Nestlé contributed 971 million euros to the country's economy.
Pedro Duarte argues that Portugal needs to accelerate the transfer of knowledge from universities and research centres to companies. At the CNN Portugal Summit, dedicated to aviation and innovation, the Mayor of Porto highlighted the importance of transforming research and technology into investment, skilled employment, and economic growth.
LTPlabs, a Portuguese company specialising in Artificial Intelligence (AI) and data analytics, is looking to hire 20 professionals with technical qualifications. According to Inês Vasconcelos, HR Director at LTPlabs, the consultancy is seeking talent with technical skills, team spirit, and a strong work ethic to drive business growth. In this second edition of the 'Shapers' recruitment programme, the company, based in Senhora da Hora, Matosinhos, aims to attract tech profiles in areas such as Frontend Development, UX/UI design, DevOps, SysAdmin, Data Science, Data Engineering, ML Engineering, and Software Engineering. Applications are open until 31 July, with the selection process taking place over the summer. The Shapers programme, which has already required an investment of half a million euros, aims to increase the capacity for implementing and developing AI solutions. LTPlabs currently employs 140 people and aims to reach 200 by the end of the year. Founded in 2015, the AI (Analytical and Generative) and Advanced Analytics specialist has over 70 clients, including Worten, Sonae MC, Galp, BPI, and Unilever. LTPlabs also has projects and clients in Europe, the Middle East, and the Americas, with offices in the UK and Brazil. In 2025, LTPlabs recorded a turnover of 12 million euros and was certified as a Great Place to Work. Additionally, Bynd has a 30-million-euro fund to invest in tech startups.
The aerospace company is looking to increase its operations and footprint within the Portuguese market.
An analysis or discussion regarding the current state of the job market in Portugal.
Tourism currently accounts for 2.4 billion euros of the Porto and North region's economy and more than 117,000 jobs. If the sector were to disappear from the region, this would be the direct impact on economic activity and the labour market, according to an exercise presented on Thursday by the IPDT – Institute for Planning and Development of Tourism.
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The fintech company is opening a new office in Matosinhos, aiming to hire 250 new employees to support its growth in the Portuguese market.
Revolut announced this Friday its move to a new space in Matosinhos, which will host one of its sales hubs in the Iberian Peninsula. The new office was designed to accommodate the rapid growth of teams and operations, with the company planning to invest at least 30 million euros in Portugal by 2028.
Submission of applications runs until May 26.
The organization aims to strengthen its standing within the European tech ecosystem.
Airbus Atlantic is increasing its industrial footprint in Portugal by expanding its manufacturing facility located in Santo Tirso.
The Mayor of Porto, Pedro Duarte, argued this Thursday that the city is consolidating itself as an “increasingly relevant European hub” in the areas of technology and innovation, highlighting the growth of the startup ecosystem and the city's growing international recognition among investors and entrepreneurs. During the session...
