Business in Portugal Blog

The simple reason that Portugal’s economic growth over the last 20 years has been anaemic is that the country has been badly run; the paradox is that the dysfunctionality of the economy twinned with an avalanche of EU funding has made Portugal an attractive...

Portugal's economic history of economic growth over the last 20 years has been one of mediocrity regularly punctured by the truly awful. The global economic crisis that began in 2008 was pretty tough for most countries in the world, but the Portuguese economy only...

One benefit of being one of the poorer countries in Europe is that the EU keeps on throwing more money at Portugal, most of which is directed at businesses of all sizes who can contrive a means of fitting into a category deemed worthy of subsidising. Generally...

Porto's success in attracting tourists in recent years is well documented, but surrounding areas have also seen dramatic growth in tourist numbers, most notably the Douro Valley. The Douro is the river that cuts through the middle of the city of Porto, but further...

The Portuguese Government has recently announced a major program of investment in public infrastructure to improve rail, road and metro networks. Although the final project details have not been finalised there are some eye-catching proposals that the Porto business...

The Portuguese government has launched a new €100m fund to leverage the same amount of investment from private investors in various tech sectors to boost start-up funding in Portugal. The funding is coming from European Structural & Investment Fund and the aim is to...

There are some big companies setting up technology hubs in Porto and Lisbon, including Mercedes-Benz, Google and Amazon. The Portuguese Government has bent over backward to create a more business friendly environment for foreign companies, costs are typically low...

We have been helping companies to source leather goods from Portugal for 12 years and there has been a very noticeable increase in demand for production for premium quality leather bags (and similar products) over the last couple of years. The Portuguese leather...

Portugal is famous for being the home of Port wine, but of late there has been a massive increase in demand from craft distilleries to get hold of the used wooden barrels that the Port wine is aged in, because of the sweet fruity flavour that they can add to a whisky....

In 2014 a widely supported plan was put in place to increase the minimum monthly wage gradually from its then level of €485 net, both to reduce poverty levels and in an effort to increase domestic consumer spending. Now in 2018, the minimum wage has increased to €580...