Latest news and stories about investment in work 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.
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 Danish multinational Coloplast has inaugurated its largest industrial unit worldwide in Felgueiras. An investment of approximately 100 million euros.
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.
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...
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 ...
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 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.
Another Silicon Valley company is investing in Portugal. The American tech firm Athena Technology Solutions announced this Thursday that it has opened its first office in Europe in Porto. From the Portuguese city, it will manage its European operations for implementing software designed to optimise factory floors.
What do Portuguese companies need to transition from competitive exporters to groups with international scale? This was the question that guided Fábrica 2030, ECO's annual conference dedicated to industry, competitiveness, and business growth, held at the headquarters of the National Association of Young Entrepreneurs (ANJE) in Porto. Under the theme 'Scale'...
The CEO of the Portuguese group TMG, which manufactures automotive interior components, explained that the two factories the company has abroad serve distinct purposes. While in China the goal of local production is to be closer to the final customer, in the United States, it is to become “a global partner of choice for the ...
Axioma Metering lays the first stone in Lordelo. Half of the 200 planned jobs will be for highly qualified labour.
The Brazilian multinational WEG, which specialises in the manufacture and sale of electric motors and other components, plans to continue strengthening its operations in Portugal over the coming years. From its industrial park in Santo Tirso, where it operates two factories and a new logistics warehouse producing low and high-voltage motors, the company...
Luís Mota Duarte will be the new CEO of Sonae Sierra from January. In a statement, the group guarantees that the decision ensures a transition based on deep knowledge of Sierra, its teams, and its partners. Until then, Mota Duarte and the current CEO, Fernando Guedes de Oliveira, will work closely together to prepare for the transition. Headquartered in Maia, the Sonae group owns brands such as Continente and Worten, among others, in addition to several shopping centres. It continues to be led by Cláudia Azevedo and includes the real estate division, Sonae Sierra. Luís Mota Duarte joined Sonae in 2014 to lead the group's M&A area. He has been with Sierra since 2018, holding various positions until becoming Deputy CEO and executive director responsible for Investment Management. Sonae Sierra closes 2025 with a net profit of 110 million.
Sonae announced this Wednesday the appointment of Luís Mota Duarte as the new CEO of Sierra starting in January. He succeeds Fernando Guedes de Oliveira, who had led the real estate arm of the Maia-based business conglomerate since 2010. Luís Mota Duarte, who worked for 14 years in London in private equity and investment areas...
After announcing the creation of a defence Advisory Board with the former chairman of the Italian giant Leonardo, the composite materials company BeyondComposite, which has been controlled by the Azevedo family since last year, is strengthening this board with another significant addition, integrating the former president of the Aeronautics cluster.
The ELITE programme has reached a milestone of over 50 participating companies in Portugal, following the launch of a new edition focused on the Northern region.
The AICEP Forum 2026 focuses on enhancing Portugal's international trade and investment promotion strategies.
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.
Founded by Airton dos Santos Pedro and Gabriel Marques dos Santos during the Covid-19 pandemic, vendinGO has acquired the Madil factory, located in Santo Tirso, which specializes in the production of paper cups covering the most common formats in the vending sector. The acquisition of this industrial unit, which has the capacity to produce 720 cups...
Event announcement for the Business Connect Portugal-France meeting scheduled for October 1, 2026.
Gonçalo Fleming has been collaborating with Morais Leitão since 2006, becoming a partner in 2018. He is part of the commercial and M&A team and is responsible for managing the Porto office. According to the lawyer, the Northern region, and in particular the Porto Metropolitan Area, is experiencing one of the most dynamic moments in its recent history, establishing itself as...
A Saudi Arabian company has set up operations in Vila Nova de Gaia with the aim of investing in the Portuguese market.
