
Business in Portugal Blog

Portugal GDP finally returns to 2008 levels
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...

EU gravy train keeps on rolling for Portugal
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...

Douro valley benefits from growing popularity of Porto as a tourist and events destination
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...

€20bn program of public investment set to benefit Porto economy
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...

€100m of funding available for start-up investments in Portugal
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...

World Leading Companies Move to Porto & Lisbon
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...

Leather goods sourcing from Portugal
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...

Used Port wine barrels for craft distilleries
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....

Minimum wage in Portugal
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...

Selling products to Portugal
We are based in the north of Portugal - getting here is easy thanks to fantastic airport connections out of Porto airport, but how should you go about selling your products here? At PortugalWorks we are able to offer assistance to foreign firms looking to break into...