AICEP
Agência para o Investimento e Comércio Externo de Portugal

The solar photovoltaic park, from Iberdrola and Prosolia Energy, will supply "clean, cheap and locally produced energy sufficient to meet the annual needs of around 430,000 homes.

The Portuguese economy grew by 6.7% in 2022, "the highest since 1987", according to the flash estimate released today by the National Institute of Statistics (INE).

In the third quarter of 2022, the year-on-year rates of increase had been 27.9% for exports and 36.5% for imports, according to INE.

Free public transport for young and old residents of Lisbon already has 70,000 members, revealed mayor, Carlos Moedas (PSD), stating that this measure “will stay forever.”

The three-year university programme, with strong academic credentials, takes its students to three European capitals. And it all starts in Lisbon.

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.

Organized in collaboration with IMMETIS Legal Services inc., a law firm specializing in corporate immigration and worker mobility in Canada, this event will provide EU & Canadian businesses with a global understanding of the facilitated business immigration process(es).

The Spanish funeral service company found Frotcom the ideal partner to achieve its fleet management goals, and the results exceeded expectations.

Among the candidates for the Return programme, about 40% have higher education qualifications, a feature that the governor points out.

"Powering ahead” is the theme for Posidonia 2024, exemplified by the impressive statistics of the Greek fleet and the growth of Posidonia itself. The 2022 event welcomed over 28,000 visitors from 103 countries, eager to do business with 1,964 exhibitors in the bustling exhibition halls.

Tech start-up inclusio has announced plans to create 80 new jobs, with backing from Enterprise Ireland in the form of €6.2 million.

Madeira, Portugal is amongst the top 3 best value winter sun destinations, according to new research.

Vilamoura Marina has become the first marina in Portugal to receive the 5 Gold Anchor Platinum certification accredited by The Yacht Harbour Association, the highest distinction from the association.

An investment of EUR 7 million in Portugal’s first Center for Creative Technologies (TUMO) will strengthen Coimbra’s position as an Educational Hub.

The Port Wine Cellars, in Gaia, received more than one million visitors in 2022, a significant increase compared to the previous two years, but below the 1.37 million tourists of 2019.

The gold medal was awarded for the work done on the Symington IDs range and the silver medal for the Serôdio Borges Family, 1836 Port, both in the "Beverages" category and in the subcategories "Wine Collection" and "Fine Wines", respectively.

The estimated drop in production for last year's harvest in the Douro was around 20% according to initial forecasts.

BIAL partners with Scientist.com to improve and digitize internal.

The Lisbon local authority says it expects around 1.5 million people to travel to the capital to take part in WYD.

Exports of Vinho Verde registered a 6% increase until November 2022, with more than 30 million litres for 117 markets such as the United States, Canada, Brazil and Germany.

Portugal and Spain are predicted to become the powerhouse of Europe by producing and exporting large quantities of green hydrogen.

The animated short film "Ice Merchants", by João Gonzalez, has been nominated for the Oscars, an unprecedented achievement for Portuguese cinema.

HELEXPO, in cooperation with Improve Tech, is organizing a thematic Circular Economy exhibition, entitled “FORWARD GREEN”, from 31^st of March to 2nd of April, in Thessaloniki.

In terms of sales, Port represented €383 million last year and Douro wine €220 million. Port sales in the domestic market reached €74 million, rising to €309 million for exports.

"My first Portuguese cookbook" by M. Margarida Pereira-Müller makes a first approach to the Portuguese cuisine, with a small collection of the most representative Portuguese recipes. However, it is not a mere recipe book. The author starts this small book with a summary of the History of Portugal.

António Costa sustained his optimism in the resilience of the national business fabric, "which has sustained the growth of the economy and the evolution of employment".

Several political bigwigs were in town on Monday for the official opening of Portimão’s new Hotel and Tourism School, which is now located at the town’s old prison near the municipal football stadium.

An ongoing European project, which brings together 19 partners from 14 countries and in Portugal includes the University of Coimbra (UC) and the Biomass Center for Energy (CBE), wants to create a European network of circular bioeconomy.

Contract over 45 million euros will produce 30 tons of liquid biogas (LBG) per day and will treat 300,000 tons of organic matter per year.

Institute's computing power expected to multiply by 20

Portugal expects to launch its first offshore wind power auction by the last quarter of this year, aiming to reach 10 gigawatts (GW) of installed capacity by 2030, Prime Minister Antonio Costa said on Monday.

In one year, the tourism sector not only recovered what we did in 2019, but exceeded the results by another 20%, said António Costa.

The cycle of private business investment adds up to "almost 3,000 direct jobs" and "almost eight billion euros of investment".

In 2022 the Port of Lisbon broke the records of stopovers and passengers on cruises that had Lisbon as the origin and/or destination, surpassing for the first time 100 stopovers.

A new online market place has been launched as a platform to showcase products exclusively made in Portugal.

The new biodigester will use the sludge produced in the factory's wastewater treatment plant and potato peelings, as well as other food waste unfit for consumption.

The winning work of the Prémio BIAL de Medicina Clínica 2022 and the honorable mentions will be announced in the Award ceremony that will take place on February 8, 2023, at 6 p.m. in Porto, and will be held in a hybrid format, so everyone can watch online. The event will be presided over by the President of the Republic.

The European Space Agency (ESA) will invest around four million euros in the teleport on the island of Santa Maria, in the Azores.

Boom Festival, which took place in Idanha-a-Nova, in July, was distinguished, for the eighth consecutive edition, with the "Greener Festival Award".

The new biodigester will use the sludge produced in the factory's wastewater treatment plant and potato peelings, as well as other food waste unfit for consumption.

The bonds, which will not being admitted to trading on the Euronext Lisbon market, have an annual interest rate of 4.75%. They mature in seven years.

Backed by an impressive list of Silicon Valley investors, Berkeley SkyDeck is open to startups from around the world. The deadline to apply is 11:59 PM PST on 2/17/2023. Apply here!

The 50 companies include Altice, Bial, BPI, Brisa, CTT, EDP, Galp, NOS, REN, Santander, SIBS and The Navigator Company.

The Madeira and Azores archipelagos are prime destinations to visit and live, but also to invest.

Critical Manufacturing will be showcasing its modern Manufacturing Execution System (MES) for electronics manufacturing. A flexible and comprehensive system that enables manufacturers to monitor and control factory-wide processes, while also meeting the key requirements for SMT lines.

"We recovered earlier than we anticipated," stressed the chairman of the entity responsible for promoting Portugal as a tourist destination.

French luxury brand Christian Dior Couture opened its first boutique in Avenida da Liberdade in Lisbon.

EDP Renewables has started operating its first international hybrid solar and wind energy park on the Iberian Peninsula. This new hybrid park will increase Portugal’s share of renewable energy on the electrical grid.

Investments in Setúbal Port reach EUR 114 million according to Negócios.

The Sines LNG import terminal in Portugal has reached new yearly records in 2022, both in the number of received ships and in volumes, according to Portugal’s power and gas firm and operator of the LNG terminal, REN.

The Top Employers Institute program certifies organisations based on the participation and results of their HR best practices survey

The University of Coimbra (UC) is part of the ranking published by the French edition of GEO, as one of the most beautiful universities in the world.

Lisbon City Council is formalising the candidacy of Baixa Pombalina to World Heritage, with a request to the National Commission of UNESCO, highlighting the “exceptionality of this historic area” and the contributions to the history of the humanity.

In late October, at the official launch of the Unicorn Factory, the mayor of Lisbon, Carlos Moedas (PSD), said that the 'Scaling Up' programme will support 20 scaleups per year.

Ryanair has announced that it will be adding a new route from Faro for summer 2023.

Vila Nova de Milfontes has land for sale which includes three beaches, two on the sea and one on the river, as well as restaurants, a road, a parking lot, and even a Maritime Police station.

The Instituto Português Além-Fronteiras will launch on Tuesday the Madeira Diaspora Initiative, a program that will collect oral histories and organise colloquiums on the Madeiran diaspora in California and the United States.

The Portuguese Medical Association and the BIAL Foundation are announcing the third edition of the Maria de Sousa Award, launched in 2020 to honour the memory of the Portuguese physician and great researcher.

In the fourth quarter of last year alone, Jerónimo Martins sales were up 23% on a year earlier, at €7.0 billion.

Taking the month of November alone, revenue grew by 36.8%, to €288.6 million, with that relating to rooms alone up 40.3%, to €214.2 million.

Portuguese manufacturer Rodi Industries is in the process of launching a new product line of high-quality aluminium rims. This product innovation comes with the implementation of new technologies in the production process and an increase in capacity.

The Greek Economy publication aims to provide the latest key economic information on Greece in a clear and comprehensive manner. Written in both the Greek and English languages, it is designed for users of statistics who seek updated information on recent economic developments, as well as long-term economic trends. It provides information on major economic indicators and time series compiled mostly by the Hellenic Statistical Authority (ELSTAT).

A monastery is a place of habitation, but above all a space for praying. Normally, monks and nuns occupied these spaces. In Portugal, some were built in homage to historic moments and can now be visited. Here we highlight some of the best monasteries to visit in Portugal.

The year-on-year change in the Consumer Price Index (CPI) was 9.6% in December 2022, a rate 0.3 percentage points lower than the previous month, according to the National Institute of Statistics (INE).

The ports of Funchal and Porto Santo registered 323 calls last year, 25 more stopovers compared to the pre-pandemic period (2019), according to the Administration of Ports of the Autonomous Region of Madeira (APRAM).

The majority of Portuguese employers are planning to increase their budgets to support wage increases of 4% in 2023, as they try to attract and retain talent in a context of high inflation and a highly competitive labour market.

GDP forecasts improve; central banks sustain inflation battle amid cost-of-living crisis; China further eases pandemic restrictions, noting risks.

A new public consultation period has opened for the latest tourist project to be carried out at Alvor’s Quinta da Rocha beauty spot.

São Brás de Alportel opened a new interpretation centre dedicated to the Algarve’s Serra do Caldeirão mountains last Friday (January 6).

Fusion fuel welcomes Prime Minister of Portugal António Costa to Benavente electrolyzer facility.

According to Eurostat, between July and September, housing prices rose 1.0% in the eurozone and 0.9% in the EU, compared to the previous quarter.

The ports administration points out that 2022 "could still have been better, were it not for the 17 cancellations, due to weather or sea conditions".

Anna Muzalska from Quidgest explains how AI has revolutionised the way regulated FIs are equipped with leading-edge, secure, and efficient management information systems adjusted to international requirements, specifications, and emerging new market trends.

The Portuguese group Lean Man will give new lease of life to the riverside area in front of the Tagus, through cultural programmes, restaurants and a commitment to maritime tourism.

Even with high inflation and rising interest rates on home loans, house purchases continued at a good pace, however the supply continues to shrink.

After a sharp drop in 2020, due to the pandemic, with 638,821 arrivals, the region recorded a recovery in 2021, with 1,181,896 arrivals.

The Azores registered a record number of passengers at airports in 2022, with more than 1.8 million disembarkations, according to data revealed today by the Regional Statistics Service (SREA).

No more crash, boom, bang in space — European NewSpace companies plan AI-based space traffic management solutions. Neuraspace is a Portuguese company.

Cabo Verde currently has around 12,000 young people in internships and vocational training, after an investment of almost €8 million over four years, according to figures provided on Tuesday by Deputy Prime Minister Olavo Correia.

The Government of Madeira wants to turn the region into a golf destination and now has a course with a pioneering irrigation system, in Santo da Serra, representing an investment of €2.5 million.

Despite the 9% rise in the European Union, Portugal saw a significant decrease in the number of overnight stays in the third quarter of 2022 compared to the same period in 2019.

The city of Lisbon will be the stage for the 47th Congress of the Union of European Football Federations (UEFA), which is scheduled for April 5, with no indication of the location for the event so far.

The nominal year-on-year increases in exports and imports decelerated to 18.9% and 16.2%, respectively, from October's year-on-year rates of 21.1% and 26.0%.

Based in Albufeira, Kapta provides tailor-made software products. In two years, this Software agency has grown a lot and now has a team of 18 people.

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.

The Serra da Estrela ski resort - the only one in Portugal - opened two slopes this morning, Thursday, January 5, using artificially produced snow.

Unlock India's Potential: A Webinar for Portuguese Startups - 25/01/2023 at 11h00 GMT.

Portugal has been recognised as the best place in the world to retire to in 2023 according to the Annual Global Retirement Index from International Living.

The Hellenic Statistical Authority (ELSTAT) through the quarterly publication Greece in figures, published in both the Greek and English languages, presents statistical data providing an updated demographic, social and economic picture of Greece in a clear and comprehensive manner.

Portugal is a role model in many respects. With its pro-European attitude, its pioneering role in protecting our oceans and climate, as well as its state-of-the-art digital infrastructure, it demonstrates that it is at the extreme tip of Europe only in geographical terms.

While not exactly being a city, a region of Portugal has been handed the European accolade for 2023.

2023 has already started and we hope it will be a great year! To celebrate moments of joy and success (which we hope will be many throughout the year) we suggest two great Portuguese wines, one that arrives from Dão and a classic from Douro.

TasteAtlas has released their World’s Best Dish rankings for 2022 and Portugal has four included in the top 100.

The lifestyle brand with sustainable living at its core aims to encourage consumers to live a more sustainable lifestyle.

Portugal-based Fashable is here to revolutionize the fashion industry with AI. Unsustainable manufacturing, unsold inventories, and long production cycles are common issues in fashion. But according to Orlando Ribas Fernandes, Co-Founder and CEO of Fashable, they can all be solved with the help of technology. Using Azure Machine Learning, an enterprise-grade service for the end-to-end machine learning lifecycle, and PyTorch, an open-source machine learning framework, Fashable created an AI algorithm that can generate original clothing designs, helping fashion companies to meet customer demand, get to market faster, and reduce clothing waste.

TLScontact, a global visa and consular services specialist, is developing a new European technology hub in Lisbon, to support further international growth and the evolution of its digital platform for government services. The company has made 30 new hires in the city so far and continues to recruit for a range of technology roles.

Portugal's state agency for investment and exports (AICEP):

The Portuguese economy will grow by 6.8% in 2022, above the 6.5% estimated in the State Budget for 2023 (OE2023), the Minister of Finance said.

The median bank appraisal value of the same square metre in June this year was €1,407 and in January €1,292, according to the results of the institute's November survey, released on Wednesday.

Using Frotcom, the Serbian company now has a more efficient and productive fleet.