aicep Portugal Global
 
INVEST IN PORTUGAL
MAR. 2021
 
 
 
 
Announcements
 
NOKIA EXPANDS PRESENCE IN PORTUGAL WITH THE CREATION OF A GLOBAL BUSINESS SERVICE CENTRE IN LISBON
 
data
february 2021
localização
Lisbon
 
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The Global Business Service Centre will deliver financial and logistic support to Nokia business worldwide and will employ around 300 professionals. The company plans to integrate professionals with different profiles and levels of experience, mainly associated with financial, supply chain & procurement services supported by master data & analytics competences.

This new Centre is one of the initiatives foreseen in the strategic agreement signed between the Finnish company and the Portuguese government, reinforcing Nokia’s presence and investment in Portugal.

 

 
 
 
Industry highlight
 
RECOGNITION
"Made in Portugal 2.0 - Where Tradition Meets Innovation"
 
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Based on quality and innovation, Portugal has been suffering a strong transformation in the traditional sectors - agrifood, textiles, shoes - and is now a place “Where old meets new”. R&D, University Partnerships and Industry 4.0 are revolutionizing Portuguese exports, according to this FDi Intelligence Special Report.
 
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DID YOU KNOW?
LOUROPEL IS THE WORLD’S LARGEST BUTTON MANUFACTURER
 
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Louropel produces around 12 million units per day and has shown an increasing demand, which explains its current expansion plans. The company has also invested significantly in innovation and sustainability, launching the new eco-friendly product, the Biodegradable Ecological Buttons. Louropel exports more than 85% of its production, supplying global brands in the fashion industry such as Hugo Boss, Ralph Lauren, Armani, Valentino, Kenzo or Massimo Dutti.
 
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did you know?
EDP Renewables (EDPR) is the world’s 3rd largest wind energy producer?
 
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Global leader in the renewable energy sector, EDPR’s activities comprise the development, operation and maintenance of electric power stations as hydroelectric, wind, solar, tidal, biomass and waste plants, among others.
EDPR is also considered Top Employer in Europe 2021 and one of the 380 companies included in the Bloomberg Gender Equality Index, which selects the companies most committed to gender equality in the world.
The Portuguese Energias de Portugal, S.A. (EDP) is the major shareholder of EDPR and a global energy company. EDP has featured on the Dow Jones Sustainability Index for 13 consecutive years.
 
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INNOVATION
Portugal is the third country in Europe to host a petascale supercomputer
 
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Portugal acquired a Fujitsu petascale EuroHPC supercomputer, equipped with most advance ARM processors technology. The acquisition of these units is part of the of the EU’s European High-Performance Computing initiative to create world-class HPC capabilities across Europe.
The new system, named Deucalion, will be based at Minho Advanced Computing Centre (MACC), where it will support advanced scientific research and creation of collaborative links with key technology partners.
 
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News
 
portuguese agrifood company aquired by european manufacturer
M&A
 
data
february 2021
 
French Biscuit International, one of the European leading biscuits manufacturer, acquired the Portuguese cookies and cake maker Dan Cake.
 
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portuguese leading plastic manufacturer acquired by canadian fund
M&A
 
data
february 2021
 
Ontario Teachers’ Pension Plan Board acquired a majority stake in Logoplaste, a global designer and manufacturer of innovative and sustainable rigid plastic packaging solutions for the world’s premier FMCG brands.
 
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canadian water tech company expands presence in portugal with company acquisition
M&A
 
data
february 2021
 
The Canadian Premier Tech, water and environmental solutions provider, tightens its connection to Portugal with the acquisition of the wastewater treatment systems’ company H2PRO.
 
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British fintech buys portuguese payment company
M&A
 
data
february 2021
 
The payment solution company Pagaqui will join the British fintech SaltPay, which is planning to expand the operation in Porto.
 
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www.investinportugal.pt
aicep Portugal Global
Portuguese Trade & Investment Agency
investinportugal@portugalglobal.pt

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