aicep Portugal Global
 
INVEST IN PORTUGAL
Jan. 2023
 
 
 
 
Announcements
 
Five9 opens new European Engineering Hub in Porto
 
data
JANUARY 2023



 
Five9 hub in Porto
 
Five9 Inc., a U.S. provider of cloud contact centre software, announced the opening of its new R&D hub in Porto and plans to hire 300 employees in the next few years.
According to Mike Burkland, the company's CEO & Chairman, "the city is an emerging, well-connected technology hub with a large base of engineering talent that will enable Five9 to continue our mission of bringing customer experience innovation and business transformation to companies around the world".
 
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TX Services opens new Tech Hub in Braga
 
data
december 2022



 
Braga
 
TX Services, part of TX Group, Switzerland's leading media group, is expanding its IT hub in Belgrade by opening a new engineering operations centre in Braga. The region's economic development and excellent technical universities were among the reasons for choosing the northern Portuguese city.
The new site will support the company's growth and business evolution, and is now tapping into Portugal's promising tech talent pool.
 
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Efficio opens new hub in Lisbon
 
data
december 2022
 
The global consultancy specialising in Procurement and Supply Chain, with headquarters in the UK, is setting up an international operation in Lisbon to benefit from the local talent and high-performing university ecosystem.
 
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CALB targets Portugal for new factory
 
data
NOVEMBER 2022
 
CALB agreement Portugal
 
Chinese battery manufacturer CALB announced its intention to build a zero-carbon factory with world-leading intelligence, information technology and automation in Portugal - its first in Europe. The targeted location is the port city of Sines.
 
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Westfalia Fruit invests in avocado farming project in Portugal
 
data
OCTOBER 2022
 
South African Westfalia Fruit Group, a leading multinational supplier of avocados, invested in a 'farming with nature' project in Alcácer do Sal, south of Portugal. The facility, situated within the Portuguese microclimate, is designed to become Europe's largest avocado orchard.
 
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Alibaba Cloud SETTLES operation in Porto
 
data
SEPTEMBER 2022
 
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the set-up of three service centres worldwide - Porto, Mexico City and Kuala Lumpur - to support customers in their cloud adoption journey, providing timely and regionalised cloud migration and consulting services.
 
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Expansion
 
Cisco ThousandEyes expanding in Portugal
 
data
JANUARY 2023
 
ThousandEyes, part of Cisco, is recruiting for its hub in Lisbon, its fastest-growing office in EMEA, due to the excellent environment for tech development.
 
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Inetum to hire 560 people in Portugal
 
data
JANUARY 2023
 
French digital services and solutions company Inetum will hire 7,000 people worldwide in 2023, 560 of them in Portugal.
 
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Sky opens new tech hub in Madeira
 
data
december 2022
 
Sky, the British broadcaster and telecom company, is opening a new technology hub in Madeira, after Lisbon and Aveiro. The availability of tech talent and the connection to the University of Madeira were key factors to open this new office, which is planning to hire 100 professionals.
 
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Industry highlight
 
new Report: Portuguese Tech Sector
 
Portuguese Tech Sector Report 2022
 
AICEP's newly-released 'Portuguese Tech Sector Report 2022', produced by IDC Portugal in partnership with Portugal Digital, reveals how the Portuguese IT sector is mature, dynamic and resilient.
Learn about the key figures, impressive growth, robust startup ecosystem and success stories of Portugal-based companies.
 
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M&A
 
Sonnedix (UK) announced the acquisition of seven solar projects in Portugal with a total capacity of 262MWp.

Italian Supercap has acquired Portuguese cork makers: Woodcap, Manuel Firinho & Filhos and Jesus Couto & Pereira.

French Group Le Duff has acquired bakery and pastry company Panidor.

Hong Kong based Hayco has acquired CTR Group, Portuguese manufacturer of diffusion technologies.

Israeli HR management platform HiBob has acquired Portuguese company Bugle.

Swiss renewables investor Smartenergy has acquired a majority stake in the Portuguese solar developer Rewatt.

UK bakery manufacturer Baker & Baker to buy Peipen, a pastel de nata (Portuguese custard tart) producer.

Israeli eToro has acquired Bullsheet, a Portuguese provider of portfolio management tools.

 
 
 
 
DID YOU KNOW?
 
Portugal rose two places in the IMD World Talent Ranking 2022

According to IMD World Competitiveness Online, Portugal ranks 24th among 63 countries, moving up two places from 2021. The ranking assesses the extent to which nations develop, attract and retain talent for enterprises operating in those economies.

read more
 
PORTUGAL HAS A NEW OFFICIAL WEBSITE

Whether you're looking to do business, live, study, research or just visit Portugal, OnlyPortugal.pt is your one-stop-shop to discover all the country has to offer.

visit website
 
 
 
 
Saiba Mais
 
I am amazed by the energy here and how, in a short period, we have been able to build a world-class team in Lisbon and across Portugal.
 
Saiba Mais
Murtaza Doctor, VP of Engineering and Operations of ThousandEyes
 
 
 
 
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