aicep Portugal Global
 
INVEST IN PORTUGAL
Jun. 2021
 
 
 
 
Announcements
 
TeamViewer establishes in Portugal a Research & Development Hub
 
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MAY 2021
 
The German-based TeamViewer, a leading global provider of remote connectivity and workplace digitalization solutions, announced the set up of a new Research & Development hub in Porto, Portugal, to enhance its leading engineering force in strategically important fields like Augmented Reality (AR) and Internet of Things (IoT).
Through recent acquisition of the Porto-based software development agency [Hapibot], TeamViewer already kick-started its on-site presence with a team of around 20 highly skilled software and design engineers.
According to Mike Eissele, Chief Technology Officer of TeamViewer: “Portugal is an excellent location for our new R&D hub with many good universities and a large pool of top engineering talent highly motivated to drive the next wave of digitalization. We are quite excited to become active part of such a vibrant tech hotspot. With the awesome [Hapibot] team joining TeamViewer, we already hit the ground running to push the boundaries of our solutions and accelerate innovations with TeamViewer technology made in Portugal.”

 
German Retarus opens a development centre in Lisbon
 
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june 2021
 
Munich-based cloud provider Retarus opens a new software development centre in Lisbon and will hire 15 new employees by the end of this year with plans of further growth in the future.
According to CEO and Founder, Martin Hager, “Portugal’s tech industry is currently growing twice as fast as any other tech hub in Europe. The country’s modern education system is among the best in Europe at university level and trains tech talents at the very highest level. As an important IT hub, Lisbon also attracts a large number of foreign investors and highly qualified, international professionals. For us, this is a perfect environment to increase our capacity for software development even further and to find exactly the right talents to achieve this goal.”
 
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Corialis announces the construction of a new factory in the North of Portugal
 
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june 2021
 
The Belgian Group Corialis, the aluminum systems provider, through its Portuguese subsidiary Lingote, will build a new factory in Fafe, an investment of 50M€ with the aim to employ 260 new jobs in the region.
According to Corialis, this investment will not only impact the region with new employment, but will also  transform Fafe into the capital of the Iberian Peninsula in the aluminum extrusion sector and design and development of aluminum profiles.
 
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VTEX opens its new technolgy hub in Lisbon
 
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MAY 2021
 
The Brazilian e-commerce platform VTEX has just announced the opening of its first technology hub in Portugal. Lisbon becomes the fourth city in Europe to host the company, alongside with London, Barcelona, Milan and Romania.
“Lisbon is our newest technology hub, supporting us to scale our operations to the European and American markets. (…) We came to Lisbon to get in touch with the professionals who are positioning the country as an emerging hub of product growth and software development. (…)”, says the company at its website.
 
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INVESTMENT SUPPORT
 
Call for Investment Support Scheme is now open
 
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Under the National and EU Framework for State Aid (currently extended for a period of one year), a new call is now open in Portugal for Innovative Capex Investment (call open until September 30th 2021) and Research and Development activities (call open until June 30th 2021).
Regulations can be found in the link bellow (in Portuguese).
 
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RESEARCH & DEVELOPMENT
 
Find your Research Partner in Portugal
 
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The 2020 Portuguese Roadmap to Research Infrastructures, developed by the FCT – Fundação para a Ciência e Tecnologia, gathers 56 R&D entities in Portugal in six thematic domains: Energy (4), Environment (7), Health and Food (20), Physical Sciences and Engineering (14), Social and Cultural Innovation (7) and Digital infrastructures (4).
The complete roadmap can be found in the link bellow.
 
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RECOGNITION
 
EY EUROPE ATTRACTIVENESS SURVEY: PORTUGAL RANKS 10TH
 
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The EY European Investment Monitor 2021 reports that Portugal ranks in the TOP 10 countries with the highest number of FDI projects in Europe. The country achieved 154 projects last year.
The report also highlights that Portugal is the 6th largest destination for software and IT services, which represents more than a third of the total number of projects.
The complete roadmap can be found in the link bellow.
 
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did you know?
 
Portugal is a leading country in the molds industry



The Portuguese molds cluster is the 3rd largest plastic injection mold producer in Europe and ranks 8th worldwide, with an outstanding 85% export rate.
Learn more about this dynamic industry sector in the link.

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We are established in Portugal since 2018 and we have experienced steady growth, both at a national and international level. In 2020 we have reached a 5M€ turnover in Portugal. We have also increased our staff and we currently have dozens of employees in our office in Porto.

We believe that the excellence of our products, services, and solutions is the result of the commitment and motivation of our employees and of the multiple challenges presented by our customers and the markets in which they operate.
 
We collaborate with recognized academic institutions in the countries where we operate. Recently, in Portugal, we have partnered with FEP, the School of Economics and Management from the University of Porto, and the Elite Quality Index project.

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Paulo Pires, Country Director & CEO Portugal Devexperts
 
 
 
 
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www.investinportugal.pt
aicep Portugal Global
Portuguese Trade & Investment Agency
investinportugal@portugalglobal.pt

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