PortugalWorks Archives - PortugalWorks - Trading from Porto to the World

Portugal GDP finally returns to 2008 levels

by admin | Jun 17, 2019 | PortugalWorks

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...

EU gravy train keeps on rolling for Portugal

by admin | Feb 19, 2019 | PortugalWorks

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

by admin | Jan 28, 2019 | PortugalWorks

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...

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

by admin | Dec 22, 2018 | PortugalWorks

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

by admin | Nov 7, 2018 | PortugalWorks

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...

World Leading Companies Move to Porto & Lisbon

by admin | Oct 15, 2018 | PortugalWorks

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...