May 2025
Announcements
ManpowerGroup opens a new Global Business Centre in Porto
May 2025
The global workforce solutions company ManpowerGroup announced the opening of its European Global Business Services (GBS) campus in Porto. This strategic operations hub, which will create 300 new jobs, will be dedicated to enhancing finance service delivery across Europe through advanced analytics, intelligent automation, and people-centred solutions.
May 2025
The global workforce solutions company ManpowerGroup announced the opening of its European Global Business Services (GBS) campus in Porto. This strategic operations hub, which will create 300 new jobs, will be dedicated to enhancing finance service delivery across Europe through advanced analytics, intelligent automation, and people-centred solutions.
Pictet Technologies launches financial tech hub in Lisbon
May 2025
Swiss financial group Pictet has expanded its digital arm, Pictet Technologies, to Lisbon. The new hub will support Pictet’s digital transformation by delivering advanced software services, replicating the success of its Luxembourg operations. Pictet Technologies Portugal (PTP) plans to hire over 150 IT professionals within five years, tapping into Portugal’s strong tech talent and strategic location.
May 2025
Swiss financial group Pictet has expanded its digital arm, Pictet Technologies, to Lisbon. The new hub will support Pictet’s digital transformation by delivering advanced software services, replicating the success of its Luxembourg operations. Pictet Technologies Portugal (PTP) plans to hire over 150 IT professionals within five years, tapping into Portugal’s strong tech talent and strategic location.
Gapstars officially inaugurates new office in Lisbon
May 2025
Gapstars has officially established its presence in Portugal with the opening of the new Lisbon office.
May 2025
Gapstars has officially established its presence in Portugal with the opening of the new Lisbon office.
Expansions
Génération expands its presence in Portugal
April 2025
Génération, a leading French company, is further expanding its presence in Portugal by opening a new office in Coimbra, following successful establishments in Lisbon and Leiria. The new office is expected to create 200 new jobs by the end of the year, bringing the total number of employees across the three locations to 600.
Cimpor to open new R&D centre in Portugal
April 2025
Cimpor, a Portuguese concrete maker and subsidiary of Taiwan Cement, is investing €155 million to modernize and establish a new R&D centre focused on sustainable construction, materials science, and digital transformation, driving innovation in low-carbon cement, CO₂ reduction, concrete recycling, AI, and 3D printing. The centre will generate 100 new jobs.
April 2025
Cimpor, a Portuguese concrete maker and subsidiary of Taiwan Cement, is investing €155 million to modernize and establish a new R&D centre focused on sustainable construction, materials science, and digital transformation, driving innovation in low-carbon cement, CO₂ reduction, concrete recycling, AI, and 3D printing. The centre will generate 100 new jobs.
Fedex to open a Marketing Centre of Excellence in Porto
May 2025
Fedex is establishing a Marketing Centre of Excellence of 100 professionals to serve European markets in the city of Porto, where the company already operates a delivery centre. Porto was the location of choice as it is rapidly becoming a major tech hub, with an attractive talent pool, vibrant atmosphere and innovative community.
May 2025
Fedex is establishing a Marketing Centre of Excellence of 100 professionals to serve European markets in the city of Porto, where the company already operates a delivery centre. Porto was the location of choice as it is rapidly becoming a major tech hub, with an attractive talent pool, vibrant atmosphere and innovative community.
Soprema builds thermal insulation factory in Portugal
April 2025
Soprema, a global leader in waterproofing and insulation solutions, announced the construction of its first thermal insulation factory in Santarém, Portugal. This new facility will st
April 2025
Soprema, a global leader in waterproofing and insulation solutions, announced the construction of its first thermal insulation factory in Santarém, Portugal. This new facility will st
Incentives
Now open: Incentive calls for Productive and R&D Projects
May 2025
Two new calls for investment and R&D are now open under the contractual regime of the Portugal 2030 framework, providing financial support for eligible investment projects. The call for productive investment projects will be open until December 30th, 2025, and for R&D activities until January 5th, 2026. These initiatives aim to attract high-impact projects that strengthen Portugal’s competitiveness, innovation capacity, and sustainable growth.
May 2025
Two new calls for investment and R&D are now open under the contractual regime of the Portugal 2030 framework, providing financial support for eligible investment projects. The call for productive investment projects will be open until December 30th, 2025, and for R&D activities until January 5th, 2026. These initiatives aim to attract high-impact projects that strengthen Portugal’s competitiveness, innovation capacity, and sustainable growth.
Recognition
Portugal is in the Top 10 in the fDi Report
May 2025
According to the Financial Times fDi Report 2025, Portugal attracted 186 foreign direct investment projects in 2024, an increase of 4,5% from 2023, placing the country 10th in Europe.
May 2025
According to the Financial Times fDi Report 2025, Portugal attracted 186 foreign direct investment projects in 2024, an increase of 4,5% from 2023, placing the country 10th in Europe.
Events
Portugal Showcases Strategic Sectors in Japan During Expo Osaka
May 2025
AICEP is pleased to present a series of industry-focused seminars in Japan throughout 2025, running in parallel with Expo Osaka. These seminars will spotlight Portugal’s strengths and opportunities across key sectors: Mobility (May), Startup Ecosystem (June), Life Sciences (July), Aerospace (August), and the Blue Economy (September). Each event will bring together experts, innovators, and businesses to explore collaboration and investment potential. For further details or to participate, please contact AICEP Japan (ana.luisa.carvalho@portugalglobal.pt).
May 2025
AICEP is pleased to present a series of industry-focused seminars in Japan throughout 2025, running in parallel with Expo Osaka. These seminars will spotlight Portugal’s strengths and opportunities across key sectors: Mobility (May), Startup Ecosystem (June), Life Sciences (July), Aerospace (August), and the Blue Economy (September). Each event will bring together experts, innovators, and businesses to explore collaboration and investment potential. For further details or to participate, please contact AICEP Japan (ana.luisa.carvalho@portugalglobal.pt).
Did you know?
Portugal ranks #7 in the Services Trade Restrictiveness Index
The OECD’s Services Trade Restrictiveness Index places Portugal in the 7th position demonstrating an open regulatory environment for trade in services. The least restrictive sectors are Rail freight transport, courier services, legal services and broadcasting.
The OECD’s Services Trade Restrictiveness Index places Portugal in the 7th position demonstrating an open regulatory environment for trade in services. The least restrictive sectors are Rail freight transport, courier services, legal services and broadcasting.
Tekever is Portugal’s Newest Unicorn
The Portuguese company Tekever, a provider of AI-driven autonomous systems, has surpassed a £1 Billion valuation, following a recent £400 Million funding round. Feedzai, Outsystems, Remote, Talkdesk and Sword make up the remaining unicorns currently with Portuguese DNA.
The Portuguese company Tekever, a provider of AI-driven autonomous systems, has surpassed a £1 Billion valuation, following a recent £400 Million funding round. Feedzai, Outsystems, Remote, Talkdesk and Sword make up the remaining unicorns currently with Portuguese DNA.
21% of the employed population in Portugal is working remotely
According to the latest data from Statistics Portugal, nearly 1.1 million people were working remotely in Q1 2025, either fully or in hybrid mode — accounting for 21% of the country’s employed population. This trend confirms Portugal’s strong positioning as a remote work–friendly country, supported by robust digital infrastructure, high quality of life, and a flexible yet secure labour law framework.
According to the latest data from Statistics Portugal, nearly 1.1 million people were working remotely in Q1 2025, either fully or in hybrid mode — accounting for 21% of the country’s employed population. This trend confirms Portugal’s strong positioning as a remote work–friendly country, supported by robust digital infrastructure, high quality of life, and a flexible yet secure labour law framework.
What they say
I am delighted that we have taken the next step in our journey to building a best-in-class global finance function with the opening of our new shared service location in Porto. By centralizing some of our core finance activities across Europe in this great location, we are enabling our in-country teams to focus on value-adding, insight driven activities while unlocking real-time insights and greater agility for our business.Jack McGinnis, Executive Vice President and Chief Financial Officer of ManpowerGroup
