AICEP
Agência para o Investimento e Comércio Externo de Portugal

Westminster Chapel is the most recent iconic project to install Amorim Cork Flooring.

Here’s a simple question: what do the MINI Strip, Mazda’s MX-30 and Renault’s Mobilize Duo and Solo all share in common?

The Secretary of State for Internationalisation, Bernardo Ivo Cruz, told Lusa that there are investors in Texas interested in opportunities in Portugal, after his first official visit to this US state.

The Associação Cozinhas Económicas Rainha Santa Isabel (ACERSI), in Coimbra, promotes the Programa Abraço de Gerações (The Generations Hug Programme), which aims to bring together young students and the elderly.

Learninghubz and Anders Pink announce a new partnership that will bring AI-Powered content curation of web articles to the Learninghubz platform.

The number of Angolan citizens residing in Portugal has increased by more than 50% in the last 10 years, from 20,366 in 2012 to 31,435 in 2022, according to data from the Foreigners and Borders Service (SEF).

The Lisbon Energy Summit & Exhibition, endorsed by the Portuguese Ministry of Environment and Climate Action will take place in Portugal, a world leader in new energies and technological innovation. Taking place at FIL, Lisbon on 30 May – 1 June 2023 it’s set to be Europe’s largest annual gathering focusing on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.

The webinar “The Copernicus Programme and its applications for environmental and infrastructure monitoring and business opportunities in the Gulf region” is scheduled to take place online on 28 March 2023, 10:00 – 11:30 (GMT+3), 11:00 – 12:30 (GMT+4), 09:00 – 10:30 (CEST).

The webinar “B2B session: International cooperation between Gulf and EU” is scheduled to take place online on 28 March 2023, 15:00 – 16:30 (GMT+3)/ 16:00 – 17:30 (GMT+4)/ 14:00 – 15:30 (CEST).

Around 13.7% of the population residing in Portugal changed, in 2021, their place of residence compared to 31 December 2019, showing an increase in territorial mobility.

The cities of Lisbon, Barcelona, ​​​​Paris, Rome have created a municipal alliance for the preservation and protection of the historic and emblematic stores of the cities.

The tourist accommodation sector registered 1.5 million guests in January, 72.5% more than in the same month of the previous year and 3.5 million overnight stays (+74.5%), indicated today the INE.

The Azores recorded, in 2021, almost twice as many overnight stays in tourist accommodation per 100 inhabitants than the national average, according to data from the Francisco Manuel dos Santos Foundation.

The creation of new products, which turn the tourist into a “temporary resident”, is one of the main challenges to attract tourists willing to spend more on culture to the Algarve.

The opinions of friends and family are the main factor that influences the decision of the Portuguese when buying online, according to the E-commerce Barometer, by Marktest.

Luxury house prices rose 12.7% in Porto and 6% in Lisbon in 2022 compared to the previous year, according to Knight Frank.

The UK government is introducing an Electronic Travel Authorisation (ETA) scheme. The ETA Scheme will apply to those passengers visiting the UK or transiting the UK who do not need a visa for short stays. British and Irish citizens will not be required to obtain an ETA.

Accelerating economic activity in Q4 led GDP growth to 6.1% in FY:2022 and to an upwardly revised growth forecast of 2.5% for 2023.

The Greek Economy publication aims to provide the latest key economic information on Greece in a clear and comprehensive manner.

Bank of Greece | Economic Analysis and Research

The financial rating agency Standard and Poor's (S&P) has reaffirmed the assessment of Portuguese sovereign debt at 'BBB+', with a stable outlook.

According to the UK Government an Electronic Travel Authorisation (ETA) is a new requirement for people who do not need a visa to come to the UK, including those from the EU.

Real estate investment in southern Europe (Spain, Italy and Portugal) reached a record value in 2022, with 31.7 billion euros, and the Portuguese market was the one that registered the greatest increase, according to Savills consultancy data.

The ContiPressureCheck™ system reduces the overall operating costs by automatically controlling the tire pressure of fleet vehicles.

A basket of essential foods, as defined by ASAE to calculate price trends, has increased by almost 29% since 2022 and until February of this year to 96.44 euros.

The construction of a photovoltaic solar energy complex in Montechoro, in Albufeira, will make it possible to produce electricity to supply around 15,000 homes.

The Lisbon Energy Summit & Exhibition, endorsed by the Portuguese Ministry of Environment and Climate Action will take place in Portugal, a world leader in new energies and technological innovation. Taking place at FIL, Lisbon on 30 May – 1 June 2023 it’s set to be Europe’s largest annual gathering focusing on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.

There are more and more foreigners wanting to invest "in partnership with local companies", says Nuno Rodrigues, from Arnold Investments.

New data from the Portuguese Chamber of Commerce in the UK has revealed what Londoners are looking for when they move to Portugal.

AICEP has chosen the exhibition stand that will serve as the basis for Portugal's participation in this year's edition of Hannover Messe. With a combined area of 200 square metres, it will include exhibition spaces to display Portuguese projects and expertise, a lounge for presentations and meeting rooms.

Greenvolt takes another step in its expansion plan and strengthening its position as one of the main players in the European market with the entry into the Greek market. In partnership with the Globalsat-Teleunicom Group, Greenvolt Next Greece aims to explore the high potential of distributed generation of renewable energy in this market.

Portugal is the country where foreign social protection systems have the greatest impact among the 32 European countries, with over 475,000 foreign pensions.

In the public works market, January of this year "was positive" both with regard to open tenders and to public works contracts registered on the Base Portal.

The Portuguese Tourism Board (TP) has earmarked €4 million to be invested in promoting Portugal to the German Market.

The very best beaches in the world have been revealed by TripAdvisor, with one beach from the Algarve making the top ten.

In January, external markets totalled 2.3 million overnight stays, doubling the total number of overnight stays in January 2022, according to the latest data from the National Statistics Institute (INE).

In February this year, 7,163 new electric, plug-in and hybrid electric passenger cars were registered in Portugal, 60% more than in the same month of the previous year.

Across multiple industries, remote working continues to dominate the way professionals are approaching their careers. In particular, the rise of the ‘digital nomad’ has been a significant conversation in the travel world.

With the publication Living Conditions in Greece, the Hellenic Statistical Authority (ELSTAT) provides to users significant statistical data reflecting living conditions in Greece, concentrated in one publication.

Although inflation is slowing down, "food prices have not stopped rising", according to DECO Proteste.

The Lisbon Energy Summit & Exhibition, endorsed by the Portuguese Ministry of Environment and Climate Action will take place in Portugal, a world leader in new energies and technological innovation. Taking place at FIL, Lisbon on 30 May – 1 June 2023 it’s set to be Europe’s largest annual gathering focusing on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.

We are Lanzadera the biggest Spanish accelerator located in Valencia. We are a private project of Juan Roig, Mercadona's owner and chairman.

Euro Area: Inflation soars in November amid surging energy prices

CTT - Correios de Portugal presents February 28th, the first Portuguese crypto stamp, issued in physical and NFT format (non-fungible Token), with exclusive benefits for collectors.

LBC, the promoter of Global Strategic Innovation - an immersion program for executives in Silicon Valley - is holding a free webinar on "The impacts of generative artificial intelligence and its relationship with Silicon Valley" on March 7, Tuesday, at 16h30 WET/GMT.

Bluepharma, a Portuguese pharmaceutical company, has just opened a state-of-the-art industrial unit specialized in the production of oral solid high potent drugs, namely in the oncology area. The investment amounts to 30 million euros and results in a unique plant in Portugal and one of the largest in Europe for the production of medicines with these specifications. This new unit in Eiras, Coimbra, creates 100 jobs, most of them highly qualified.

Frankfurt, February 2023, Portuguese design on the world stage! The young Product Design brand, Salto de Gazela, was distinguished in the renowned German Design Award competition with the Special Mention prize for "Metamorphosis" in the category – Excellent Product Design – Furniture.

In an exclusive interview with The Portugal News, British Ambassador to Portugal, Chris Sainty, highlights the advantages of getting a new residency card while drawing attention to the long history and future relations between the UK and Portugal.

Maisons Julien and Kelly Dassault (MJKD) finalized a seed investment in JAK to reinforce the sneakers company to scale internationally with bricks and mortar opening in European capitals.

Enterprise Greece Newsletter | February 2023

What do you think of when you see a can of tuna? Tuna melts, tuna noodle casseroles, tuna salad? This solid Americana fare begins and ends with a tin of tuna, an economical and sometimes tasty meal. In America, most tuna dishes require numerous flavorful add-ins, helping to make up for an occasionally dry and — let's face it — bland can of fish. This is not the case in Spain and Portugal.

Portuguese consumer prices rose 8.2% year-on-year in February in a slowdown from 8.4% reported in the previous month, flash data from National Statistics Institute (INE) showed on Tuesday.

Finding the right shoe, is like reuniting with an old friend you have not seen for a good number of years. Having that comfy fit come from an ethical and sustainable materials source instils a further sense of comfort, knowing that you can tread lightly on this planet. The Portuguese footwear market has seemed to strike this balance perfectly, producing comfortable, sustainably sourced and highly durable footwear. These standards resulted in exponential growth in the export market, especially in South Africa.

Women continue to be poorer than men, with base salaries on average 13% lower, a pay gap that increases among the most skilled, a CGTP study reveals.

Braga now leads the Financial Times ranking as "the best city of the future in the category of strategy for attracting foreign investment", according to InvestBraga.

Houses for sale became more expensive in 12 district capitals between January and February 2023, with Viana do Castelo leading the way (5.2 %), according to idealista's price index.

Enline Energy Solutions was named by the Start Up Energy Transition as one of the most promising startups of 2023 on the SET100 list.

Moving to Portugal Show on 23^rd March will highlight residency visa programmes.

The Autonomous Region of Madeira has been recognised as a “sustainable tourist destination”, having been awarded the Silver award by EarthCheck, an international certification body in this area.

Digital nomads from other European countries, but also from Portugal, are falling in love with Lagos, in the Algarve, a city where there is already a significant community of these remote workers

The national cuisine of Portugal has once again been recognised with four pastries making the top 100 in the world – and the top two spots also going to Portugal.

The Portuguese brand created by Teresa Martins will be opening a showroom in Milan to present its Fall/Winter 23 collection.

A celebration of the horse of Portugal, and the culture and heritage, the Festival of the Iberian Horse this year will see thousands gather to see the best Portuguese and Spanish horses in the UK, with many horses also travelling internationally.

If you're a foreigner looking for an exciting and vibrant place to live, work and invest, Portugal is an excellent choice. With its sunny weather, stunning natural beauty, and rich cultural heritage, Portugal has become one of the most popular destinations for expats and foreign investors alike.

The number of new Portuguese immigrants in the UK fell 41% in 2022 to 7,941 compared to the previous year, according to official data.

The Lisbon Energy Summit & Exhibition, endorsed by the Portuguese Ministry of Environment and Climate Action will take place in Portugal, a world leader in new energies and technological innovation. Taking place at FIL, Lisbon on 30 May – 1 June 2023 it’s set to be Europe’s largest annual gathering focusing on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.

In total credit granted in Portugal in 2022, 11.4% of the amount went to people of foreign nationality (up from 9.36% in 2021).

The majority of Portuguese residents in the Algarve work either directly or indirectly in tourism or have a family member who receives income from tourism. In addition, the Portuguese are quite happy with the tourism in the region.

The average age of the population in Portugal stood at 46.8 years in 2022, the second highest among the 27 Member States of the European Union (EU).

The new webinar of the Access to Market Webinar Series, on how to us Access2Markets, the online trade assistant of the European Union, will take place on Thursday March 2nd, 2023 at 11 a.m. EST (Toronto Time) / 5 p.m. CET (Brussels time).

Neuraspace will be at Satellite Conference 2023, one of the biggest Conferences in the satellite and space industry.

Swiss Post – the Swiss national postal service – has chosen Lisbon as the seat of its first I/T Campus outside of Switzerland. This centre has started to operate a few days ago and its main mission is to provide key IT skills to support Swiss Post's operation in Switzerland, namely in digitalizing the logistics operations, but also in expanding data analytics and cyber security skills.

AUTODOC, one of the leading online retailers for vehicle spare parts and accessories in Europe, has chosen Portugal for their newest company location.

Portuguese GDP increased throughout the country in 2021, but the region where it grew the most was in the Alentejo: 6.8 percent compared to 2020.

The personal car is the most used means of transport in Portugal, with a higher than average use compared to six countries analysed in a survey by Ipsos, which includes Spain, France, Belgium, Italy and Germany.

At a 20 February meeting of the Negotiating Group on Rules, Ambassador Einar Gunnarsson of Iceland expressed confidence that members will be able to meet the target of concluding the second wave of fisheries subsidies negotiations by the 13th Ministerial Conference (MC13) in February 2024, following positive consultations with over 30 delegations in recent weeks.

INFLATION PEAKING AMID LOW GROWTH.

The contract for the construction of the new Sete Rios Electrical Traction Substation, in Lisbon, started in November 2022 and it will supply five of the most important railway lines in the Lisbon region (Cascais, Sintra, Cintura, Sul, and Norte).

Generative Artificial Intelligence tools such as ChatGPT, have taken the world by storm.

Hotel sector officials revealed that there are hotels in Porto with occupancy rates very close to 100% for the Carnival mini-holidays that are taking place this weekend and until Tuesday.

Bank of Greece | Economic Analysis and Research

Members of the Portuguese Pact for Plastics (PPP) reduced in 2021 the "single-use plastics considered problematic and/or unnecessary" placed on the market compared to 61, a report presented today indicates.

The link between tourism and the Algarve is seen as positive by residents.

The 25 projects signed total €102 million in RRP funds, but in total they represent an investment of €237 million.

Above & Beyond Hangouts are a monthly hangout for all of those hacking the Portuguese entrepreneur ecosystem. Ready to take your business to a global scale? Register here to join and learn about the new edition of Business Abroad on February 22nd.

New figures released by the Portuguese Chamber of Commerce in the UK have revealed detailed insights into Britons’ plans to move to Portugal.

"The frequency with which the Portuguese go shopping increased by 4% from 2021 to 2022, but the average volume of each shopping cart decreased by 13.2% in the same period", according to Centromarca - Associação Portuguesa de Empresas de Branded Products.

The Lisbon Energy Summit & Exhibition, endorsed by the Portuguese Ministry of Environment and Climate Action will take place in Portugal, a world leader in new energies and technological innovation. Taking place at FIL, Lisbon on 30 May – 1 June 2023 it’s set to be Europe’s largest annual gathering focusing on balancing energy security and achieving net zero ambitions, the decarbonisation of existing energy systems and investing in new renewable energy sources.

Amorim Sports’ range of Nature infills have a negative carbon balance of -72.5kg CO₂e/kg. Produced with cork, these components, used in artificial sports pitches, contribute to a smaller impact on the climate.

The British fintech will open a branch in Portugal as part of their strategy in Portugal and is also negotiating with Sibs to enter the Multibanco network.

The new webinar of the Access to Market Webinar Series, on how to us Access2Markets, the online trade assistant of the European Union, will take place on Thursday March 2nd, 2023 at 11 a.m. EST (Toronto Time) / 5 p.m. CET (Brussels time).

According to the Automobile Association of Portugal (ACAP), more than 1.5 million cars are more than 20 years old.

ENRICH in China started as a Horizon 2020 project, financially supported by the European Commission from 2017 to 2020. It is now coordinated by SPI – Sociedade Portuguesa de Inovação, offers unique services to European research, technology and business organisations, connecting them to the Chinese market.

Within the framework of the ENRICH in Africa programme, coordinated by Steinbeis, a one-week learning expedition to Porto, Portugal will be offered. Learning expeditions are an essential part of ENRICH in Africa as they bring together two continents under one universal agenda.

The import of used passenger cars accounted for 67.1% of total registrations in Portugal in 2022, according to data presented by the Automobile Association of Portugal (ACAP).

EDP Renováveis plans to build a photovoltaic solar power plant in Cesaredas, in the municipality of Peniche and Leiria district.

The Azores accounted for around 3.2 million overnight stays in tourist accommodation in 2022, a value above that of 2019.

Using Frotcom's unique features, the North Macedonian company achieved results above expectations regarding fleet management.

Portugal continues to be one of the most up-and-coming wine-exporting countries. The U.S. is the first non-European market, reaching over $113 million in 2022.

However Portugal remains one of the cheapest holidays hotspots to rent a car.