Meight, une startup technologique portugaise, lève 3,4 millions d’euros de fonds - PBN Actualités Portugal - La startup technologique portugaise Meight vient de lever 3,4 millions d’euros lors d’une ronde de financement de démarrage menée par la société de capital risque allemande Cusp Capital, avec Faber, Grupo Lusiaves et EIT Urban Mobility.   La startup portugaise de technologie logistique utilisant l’IA, Meight, permet un service d’expédition sans intervention et une surveillance des opérations simplifiée grâce à l’automatisation axée sur l’IA et aux normes API, ce qui habilite les 95 % de transporteurs appartenant principalement à des entreprises familiales.   Alors que les transporteurs routiers de marchandises sont l’épine dorsale du secteur de la logistique, transportant 77 % du fret intérieur en Europe, beaucoup d’entre eux utilisent encore des flux de travail manuels obsolètes. C’est la raison pour laquelle la startup technologique Meight Logistics construit le système de transport en nuage le plus rapide du marché pour transformer cette réalité dans toute l’Europe. La plateforme technologique élimine les flux de travail administratif tout en optimisant l’utilisation des ressources et en améliorant l’efficacité opérationnelle.   Pour ce tour d’investissement dans Meight Technologies, la société de capital risque Cusp Capital a été conseillé par l’équipe d’avocats d’Abreu qui était dirigée et coordonnée par le principal avocat André Modesto Pinheiro et soutenue par l’associé João Diogo Barbosa.  Les autres avocats impliqués dans la transaction étaient Joana Maldonado Reis et Mafalda Teixeira de Abreu, les associés principaux Filipa Vicente Silva et José Maria Alves Pereira, ainsi que l’associée Liliana dos Santos Soares.   La société de capital-risque Cusp Capital est axée sur les startups européennes dans les domaines de logiciels et de technologies, investissant dans des entreprises innovantes en phase de démarrage qui sont sur le point de redéfinir leurs industries, contribuant ainsi à de nouveaux paradigmes socio-économiques et technologiques. Cusp Capital a investi plus de 600 millions d’euros dans des startups européennes au cours des 15 dernières années.   Forte de cette nouvelle impulsion et d’une équipe visionnaire, la startup portugaise de technologie logistique Meight est sur la voie de devenir le leader mondial du camionnage intelligent. #actualitésportugal #actualitésinvestissementsportugal #actualitésstartupstechnologiquesportugal #startupsentechnologielogistiqueportugal

Quel est le plus grand salon du tourisme au Portugal ? - PBN Actualités Portugal - Le plus grand salon du tourisme et des voyages au Portugal est le « BTL – Better Tourism Lisbon Travel Market », qui se tiendra du 12 au 16 mars 2025 au Centre d’exposition et de congrès de Lisbonne, FIL.   Le plus grand salon professionnel du Portugal est organisé par la Fondation AIP et l’événement de 2024 a enregistré plus de 79,000 visiteurs. Le salon du voyage et du tourisme est une référence internationale pour mettre en valeur les destinations portugaises et internationales.   Le salon BTL du tourisme et des voyages « est l’un des événements les plus importants de la scène européenne, combinant une offre diversifiée avec un niveau de qualité qui le distingue et l’élève dans le secteur du tourisme. C’est cette excellence qui attire chaque année des professionnels et des visiteurs du monde entier, avec l’ambition de continuer à promouvoir des expériences et des opportunités uniques sur les marchés nationaux et internationaux », a déclaré Dália Palma, directrice-coordinatrice de BTL.   Cliquez ici pour participer à l’événement. #actualitésportugal #actualitésvoyageettourismeportugal #salondutourismeportugal # quelestleplusgrandsalondutourismeauportugal

What is the largest travel and tourism trade show in Portugal? - Portugal Business News Portugal news - What is the largest travel and tourism trade show in Portugal?   The largest travel and tourism trade show/fair in Portugal is the “BTL – Better Tourism Lisbon Travel Market” that is held on March 12th – 16th, 2025, at the Lisbon Exhibition and Congress Centre, FIL.   Portugal’s largest trade fair is organized by the AIP Foundation and the 2024 the event registered more than 79,000 visitors. The travel and tourism exhibition is an international reference to showcase both Portugal and international destinations.   Portugal’s BTL travel and tourism trade show “is one of the leading events on the European scene, combining a diverse offering with a level of quality that sets it apart and elevates it in the tourism sector.  It is this excellence that attracts professionals and visitors from all over the world year after year, with the ambition to continue promoting unique experiences and opportunities both in the national and international markets”, stated Dália Palma, BTL’s manager-coordinator.   Click here to join the event.   #portugalnews #travelandtourismnewsportugal #travelandtourismtradeshowsportugal #tourismtradefairsportugal #whatisthelargesttravelandtourismtradeshowinportugal

France-Portugal Economic Trends - Portugal Business News France is the second main source of Foreign Direct Investment in Portugal. Over the last seven years, French investment reached Euros 658 million, with 60% of that amount invested within the last four years. Moreover, for Made-in-Portugal products, France is the second main export market, with a share of 13.1% that accounts for Euros 8.320 million in 2021. The number of Portuguese companies exporting to France is growing and reached 5,500 in 2021. In 2020, statistics from INE showed that French subsidiaries in Portugal had a higher Gross Value Added (GVA) as a percentage of capital invested, the figure revealing the contribution of products Made-in-Portugal to the profitability of these companies. French companies have a diversified investment portfolio in Portugal, with the automotive sector attracting a major share. This is showcased by the presence of companies such as Renault and by the PSA Group that produces Peugeot and Citroën. The Stellantis Mangualde Plant (CPMG) is an automotive assembly plant located near Viseu in Central Portugal. Despite the pandemic, 2021 was the company’s second-best year. The plant produces 1.5 million vehicles with a production capacity of 357 vehicles per day. Other major corporations include Engie, a French multinational utility company which operates in the energy sector. Engie Portugal produces electrical and thermal energy and operates under five different companies. These include TRUSTENERGY, the second major operator in the field of electrical energy in Portugal that holds 10% of the country’s wind production as well as HEMERA that supplies solar photovoltaic systems. The France-Portugal trade balance is advantageous for Portugal’s economy, both in the sectors of goods and services produced. Companies such as Airbus, Air Liquide, Faurecia, Stellantis, BNP Paribas, Altice and Teleperformance have all led to wealth creation. French investment is now leading several economic sectors in Portugal with the amount of capital invested in its Portuguese subsidiaries. This includes companies operating in sectors such as construction, real-estate, commerce, transport and warehousing, where they are also the main sources of employment. French companies have created over 30,000 jobs in Portugal, since Portugal has a workforce that is multi-lingual and qualified and is endowed with quality infrastructure. France is also the fourth source market for the Tourism Industry. Linkages with France are so entrenched that 20% of French people would be happy to live in Portugal, according to a recent study by OpinionWay. With increasing Foreign Direct Investment flows to Portugal, France is in turn becoming an export market that benefits the Portuguese economy. Portuguese companies’ success stories are being recognized and those with the highest Portugal-France export figures will receive a trophy on the 13th of October in Estoril. Companies that are nominated for the Trophies include Gardengate and José Júlio Jordão for exports. The SME trophies include Caxamar as well as Desafios em Sintonia that produces Personal Protection Equipment certified by Infarmed. The company nominated for the Investment trophy is AR FRANCE INVEST (ARFI) that is a real-estate promoter. ARFI is a Portuguese group that is a subsidiary of Alves Ribeiro, which operates in the Construction Sector. In terms of global FDI flows towards Portugal, a historical record was set in 2021 with investments reaching Euros 2.7 billion. Meanwhile, the France-Portugal partnership is strengthening with steady economic growth trends. Source: https://www.portugalbusinessesnews.com/post/france-portugal-trends

Portugal Economic Growth 2022 - Portugal Business News The IMF has just announced that it is upgrading Portugal’s GDP growth forecast to 6.2%. The IMF expects Portugal’s average inflation rate to be 7.9% this year. Portuguese Exports exceed Euros 50 billion between January and August 2022, which is a growth of nearly 26% compared to the same period in 2021. Compared to the same period in 2020, this accounts for a growth of 53%. According to INE, the major drivers of growth are Spain, the US, Germany and France. Spain is the main export market with a share of nearly 26% of total exports, followed by France with 12% of exports and Germany with nearly 11%. Concerning markets outside the EU, exports increased by nearly 30% compared to the same period in 2021. The main goods exported by market segment are machinery and apparatus with a share of 13% of total goods exported, followed by vehicles and transport equipment reaching nearly 12%. Portugal’s economic growth is measured by the significant increase in the value of goods and services produced compared to previous periods and underlines the soundness of the economy. Source: https://www.portugalbusinessesnews.com/post/portugal-growth

Portugal Registers 6.8% Economic Growth & Exports reach 50% of GDP - Portugal Business News Portugal Registers 6.8% Economic Growth according to Portuguese Minister of Finance. This figure is much higher than the 2023 State Budget forecast of 6.5% and shows that a pessimistic outlook is far below the registered figures. It also proves that the Portuguese economy is resilient and exemplary when taking into account the external context as well as rising energy prices. Portuguese Minister of Economy, António Costa Silva, added that exports will reach 50% of GDP for 2022. Despite the expected global economic slowdown in 2023, these factors contribute to a positive outlook due to Portugal’s resilience that may even lead to economic growth. Portugal’s Government does not have a policy for reducing VAT on food products as they believe that direct support is more effective. However, the Government does not have a strict policy and prefers continuous evaluation to determine what measures are most effective. Source: https://www.portugalbusinessesnews.com/post/portugal-registers-6-8-economic-growth-exports-reach-50-of-gdp #portugaleconomy #portugalexports #portugaleconomicgrowth # AntónioCostaSilva #portugalnews #portugalbusinessnews

What is the current economic situation in Portugal in 2023? - Portugal Business News Portugal news - What is the current economic situation in Portugal in 2023 and what is the growth forecast? The Portuguese economy is doing surprisingly well according to the data just released by Portugal’s central bank, Banco de Portugal. Portugal’s economy went from a deficit in 2022 to an external surplus of 2.1 billion Euros for the first semester of 2023. For to the same period in 2022, the Balance of Payments registered a deficit of 2.9 billion Euros. Portuguese economy 2023 - Balance of Payments surplus of EUR 2.1 billion - Portugal Business News The Portuguese economy is doing especially well due to the fact that exports figures have been rising quicker than imports. The exports of goods have risen by 3.3% to reach 1.2 billion Euros, while the imports of goods have risen by 1.4% to reach 692 million Euros for the first semester of 2023. Moreover, Portugal’s services account registered a surplus of 3.8 billion Euros due to the boom in the travel and tourism sector as well as in the transport sector. The current and capital account surplus in the first half of 2023 represents 1.6% of the half-yearly GDP. The increase of 725 million Euros in the capital account surplus is mainly due to investment grants and to the increased transfer of carbon permits. Data just released by Portugal's central bank shows that the country has registered an annual inflation rate is 4.3%, that is well below the EU average of 6.1%. Moreover, Portugal’s current Daily Economic Indicator (DEI) points to a higher year-on-year rate of change in activity, the weekly moving average indicating a year-on-year growth in economic activity of 1.4%. Despite the current global economic headwinds and the low growth forecast of 1% for EU countries for 2023, Portugal’s economy is expected to grow by 2.4% in 2023, that is significantly above the EU and Eurozone average. #portugalnews #portugueseeconomynews #economyportugal2023 #whatisthecurrenteconomicsituationinportugalin2023 #whatistheeconomicforecastforportugal #BancodePortugal #balanceofpaymentsportugal2023 #exportfiguresportugal2023 #inflationrateportugal2023 #economyportugal2023

What is Portugal’s economic outlook for 2023 and 2024? - Portugal Business News Portugal news - What is Portugal’s economic outlook for 2023 and 2024? In September 2023, Moody’s placed Portugal in the spotlight by highlighting the country’s performance compared to other European countries. Portugal is of the three European countries registering a boost in real GDP growth, along with Cyprus and Greece. Moody’s has just stated that Portugal should register a growth 0.5 pp by 2026 followed by a growth of 0.3 pp by 2030. This positive outlook is due to Portugal’s economic, fiscal and banking reforms. According to Moody’s, Portugal’s debt situation is improving as measured by the country’s debt to GDP ratio, as Portugal’s debt fell by 3 pp compared to 2019. Portugal’s performance is impressive compared to other European countries since the aggregate debt burden in the Euro Zone is seven pp higher than pre-pandemic levels in 2022. Portugal is part of a very small number of advanced economies that in 2024 should have a debt to GDP ratio below what they registered in 2019. Portugal’s positive economic outlook for 2023 and 2024 is mainly due to significant public and private investment, together with additional structural reforms in the context of the Next Generation EU program. Moreover, Portugal’s immigration policies should ensure that, in the coming years, there will be an increase in the number of people of working age, that will also positively impact the country’s economy. #portugalnews #newsportugal #portugueseeconomy2023 #whatisportugalseconomicoutlookfor2023 #whatisportugalseconomicoutlookfor2024 #whatisportugalsGDPgrowthin2023 #isportugalseconomyimproving #istheeconomyofportugaldoingwell

What is Portugal’s economic forecast for 2024? - Portugal Business News Portuguese economy news – Portugal’s economic forecast for 2024 is extremely positive since the country’s rating has just been upgraded to an A by three major ratings agencies, namely Moody's, Fitch and DBRS. What is Portugal’s economic forecast for 2024? Portugal’s economy is growing at unprecedented levels and has just jumped 2 levels according to Moody’s new rating assessment. Portugal is now rated A3 with a stable outlook by Moody’s, that is its best record since 2011. Moody’s forecasts that the Portuguese economy will grow at an average rate of 2% over the next 5 years. Portugal’s impeccable credit rating will make it possible for the country to have access to lower interest rates and to a larger number of international investors. This is supported by Moody’s assessment of the Portuguese economy that highlights the positive medium-term effects of “a series of economic and budgetary reforms, the deleveraging of the private sector and the continued strengthening of the banking sector". Portugal’s new achievement demonstrates that its economic fundamentals are robust and places Portugal among the group of countries with higher credit quality and greater international credibility. The country has embarked on significant public and private investments, supported by the EU Recovery and Resilience Plan. Increased investments are matched by the country’s ability to attract foreign talent and thus increase productivity despite the population aging trend that dampens other advanced economies. Portugal’s A level rating means that the country will have access to a greater number of international investors that will lower the cost of financing the economy and will result in lower costs for taxpayers. It is expected that this will also reduce private sector financing costs and will ultimately benefit families and companies. Portugal is now recognized as a country that has carried out a sustained reduction in fiscal deficit through a trajectory of marked economic growth. The country’s economy has demonstrated its resilience and competitiveness, with a low credit risk and a positive economic outlook for the next five years. #portugalnews #newsportugal #portugueseeconomynews #whatisportugalseconomicforecastfor2024 #isportugalseconomydoingwell #isportugalseconomystrong #portugaleconomicoutlookfor2024

FDI Intelligence highlights Portugal’s economic expansion - Portugal Business News News Portuguese economy - FDI Intelligence magazine highlighted Portugal’s economic expansion, describing its startling growth as a Tech Hub as well as the other sectors where foreign companies choose to invest. While Portugal’s strategic infrastructure is also significant for attracting major investments, the Portuguese economy is noted as being resilient to political uncertainty and to register higher growth figures compared to other eurozone countries.       The magazine fDi Intelligence, that is part of the Financial Times group, has written a special report on Portugal’s economic success driven mostly by its Tech Hub, strategic infrastructure, and data connectivity.   The annual average capital investment in Portugal between 2020 and 2023 is already 215% higher compared to the previous decade, according to fDi Markets.     Why is Portugal a Tech Hub?   While Lisbon is considered to be a poster child for economic expansion with its startling growth as a Tech Hub, Portugal’s tech scene has developed rapidly with the combined value of startups with headquarters in Lisbon soaring 26-fold from 818 million euros in 2016 to 21.4 billion euros in 2022 according to Dealroom.   Multinationals operating in the tech sector consider Portugal to be a preferred location, as experienced by Deloitte that recently increased its investments by 25 million euros in order to create a tech centre in Lisbon. While Deloitte is a prime example of a multinational using Portugal as a hub to export sophisticated business services, a report from fDi Markets shows that Portugal’s average number of greenfield projects in the business services sector doubled for the period 2021-2023 compared to the previous three-year period.        In what sectors do foreign companies invest in Portugal?   While tech companies are attracted to Portugal’s dynamic tech scene, foreign investors also choose the country for capital-intensive industrial investments with a high R&D component. According to Filipe Santos Costa, the CEO and chairman of AICEP Portugal Global, Portugal’s investment promotion agency, the reasons for the country’s expansion despite macroeconomic challenges are due to “a combination of talent, improved logistics, and inputs for green electricity and data connectivity.”   These are the factors that have attracted investments from multinationals with high-value brands in different sectors such as Mercedes-Benz in the automotive sector and Amgen in the pharmaceutical sector.     Portugal intends to capitalize on its geography and its industrial base to attract more nearshoring investments that will bridge the gap created by disruptions in the supply chain, stated Filipe Santos Costa, of AICEP Portugal Global in an interview with fDi Intelligence.     FDI Intelligence reported that one of the main reasons several companies chose to invest in Portugal was the fact that a cost-benefit analysis showed the country emerge as a key destination due to its relatively low cost, high quality of service and multilingual talent. Another conclusive factor includes the fact that Portugal has the 3rd highest rate of engineering graduates in the EU, producing 90,000 graduates per year, according to Eurostat.     The significance of Portugal’s strategic infrastructure:   Portugal’s strategic infrastructure is taking geographical prominence with the expansion of the Sines Industrial and Logistics Zone. According to a report by fDi Intelligence, Sines is attracting major investments such as Spanish energy company Repsol that is the biggest greenfield project over the past three years with an investment of 657 million euros for the expansion of its industrial complex.   The Sines Industrial and Logistics Zone provides excellent land and sea connectivity that will be further enhanced by two freight railway corridors that will reduce freight costs, according to Filipe Santos Costa, the CEO and chairman of AICEP Portugal Global.     What is Portugal’s economic outlook? “The economy has been so far resilient to political uncertainty,” notes Agnese Ortolani, principal economist for Europe at the Economist Intelligence Unit (EIU). The country is also resilient to macroeconomic headwinds and the IMF expects Portugal’s economy to grow by 1.5% and 1.9% in 2024 and 2025, respectively, against the 1.2% and 1.3% projected for the whole of the eurozone.   Portugal currently ranks 3rd EU country with the highest GDP growth for the last quarter of 2023: Click to see the full Portugal Business News report on the EU countries with the highest GDP growth. About Portugal Business News Portugal Business News is an English and French news site that specializes in promoting businesses in Portugal, both for the export market and for attracting Foreign Direct Investment, through writing news reports about the Portuguese economy and business environment.   News reports by Portugal Business News are referenced on flagship industry websites, on the Government of Portugal's investment portal AICEP Portugal Global, on the websites of leading research companies, on Wikipedia, and on multilingual news aggregators. #portugalnews #newsportugal #newsportugueseeconomy #economicnewsportugal #whyisportugalatechhub #inwhatsectorsdoforeigncompaniesinvestinportugal #thesignificanceofportugalsstrategicinfrastructure #whatisportugalseconomicoutlook #fDiIntelligence #fDiMarkets #DeloittePortugal #AICEPPortugalGlobal #SinesIndustrialandLogisticsZone

The IMF revises upwards Portugal’s economic growth - Portugal Business News Portugal news - The IMF is revising upwards Portugal’s economic growth from 1.7% to 2% in 2024.   In a show of confidence in the Portuguese economy, the IMF has revised its forecast to be in line with Portugal’s Central Bank estimates .   The IMF has published its new economic outlook for Portugal and is now expecting a 2.25% growth in 2025, instead of its original estimate of 1.9% for 2025, as financial conditions gradually improve. The IMF also expects Portugal to register a slight budget surplus in 2024.   Portugal’s economy is driven by robust exports and strong private consumption that is supported by a resilient labor market, while public investment under the Recovery and Resilience Plan has boosted economic activity, according to Kristalina Georgieva.   In the medium term, Portugal’s fiscal stance is expected to remain broadly balanced, and this will ensure that the high debt continues to decline, thus increasing fiscal space to reduce vulnerability to future shocks. Moreover, the resilience of the Portuguese labor market and tourism growth could further boost Portugal’s economic growth.       #portugalnews #newsportugal #newsportugueseeconomy #economicpoutlookportugal #IMF #BancodePortugal

What is the economic impact of Airbnb in Portugal? - Portugal Business News Portugal news - What is the economic impact of Airbnb in Portugal?   Travel to Portugal using the Airbnb platform generated more than 2.4 billion euros in revenue and almost 1.1 billion euros in taxes in Portugal in 2023, according to an analysis on the economic impact of Airbnb in Portugal carried out using IMPLAN Cloud.   The estimated tax amount includes more than 63.3 million euros in tourist taxes collected and remitted by Airbnb on behalf of hosts in the cities of Lisbon and Porto, as well as taxes related to hosts' income and expenses, and to the economic activity resulting from guests' visits to local businesses.   In 2023, guests on Airbnb reported spending around 116 euros per day during their trip in Portugal and approximately 38% of these expenses were made in the neighborhood where they were staying.   Taking into account the direct and indirect impact of travel through their platform, Airbnb estimates that it was possible to support 55,000 jobs in Portugal, 60% of which are linked to restaurants, local businesses, shops, entertainment and events. #portugalnews #newsportugal #travelnewsportugal #tourismnewsportugal #airbnbnewsportugal #whatistheeconomicimpactofairbnbinportugal #airbnbstatisticsportugal #realestatenewsportugal