Portuguese architecture students win world competition - Portugal Business News Portugal news - Portuguese architecture students from the University of Porto won the prestigious Saint-Gobain world competition in Finland.   The award-winning architectural project will transform an area belonging to the University of Helsinki, located in the Viikki area, on the outskirts of the Finland’s capital.  The 'Sieni Park' project, designed by Portuguese architecture students Francisco Peneda Ferreira, Pedro Tiago Gaspar and João Pedro Henriques, was the best out of 224 projects by participating universities from 29 countries.   According to the jury, the Portuguese architectural project was unique as "the integration of the old building into the general architecture was perfect."   The 'Sieni Park' project, proposed by the Portuguese team, is rooted in Finnish culture and its sense of community, offering a peaceful refuge in Viikki, connecting homes, workplaces and the nearby university campus, according to a statement by Saint-Gobain.   The award-winning architectural project combines both old and new structures in a coherent design that is based on three fundamental pillars: sustainability, innovation and comfort. The result is a futuristic and sustainable project that honors and enhances the local traditions in the field of ecological construction practices.   Portugal’s awarded architectural project combines urban planning, architectural details and solutions that are both comprehensive and of a high level. Moreover, the urban composition is innovative, and the wooden structure is sophisticated.   French multinational Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. With a turnover of 47.9 billion euros in 2023 and 160,000 employees, Saint-Gobain is present in 76 countries. #portugalnews #newsportugal #architecturenewsportugal #UniversityofPorto #SaintGobain #UniversityofHelsinki

Portugal ranks 16th most Sustainable country in the world - Portugal Business News Portugal news - Portugal ranks 16th most Sustainable country in the world according to the Sustainable Development Report 2024.   Portugal has achieved 4 Sustainable Development goals, namely: No Poverty, Affordable and Clean Energy, Gender Equality, and Sustainable Cities and Communities.  However, the following goals remain big challenges: Zero Hunger, Responsible Consumption and Production, Climate Action, Life Below Water and Partnerships for the Goals.   The ranking is a global assessment of the progress towards achieving all 17 UN Sustainable Development Goals. Globally, none of the seventeen goals are expected to be achieved by 2030.     Here is the list of the Top 20 most Sustainable countries in the world in 2024: 1 – Finland 🇫🇮 2 – Sweden 🇸🇪 3 – Denmark 🇩🇰 4 – Germany 🇩🇪 5 – France 🇫🇷 6 – Austria 🇦🇹 7 – Norway 🇳🇴 8 – Croatia 🇭🇷 9 – United Kingdom 🇬🇧 10- Poland 🇵🇱 11 – Slovenia 🇸🇮 12 – Czechia 🇨🇿 13 – Latvia 🇱🇻 14 – Spain 🇪🇸 15 – Estonia 🇪🇪 16 – Portugal 🇵🇹 17 – Belgium 🇧🇪 18 – Japan 🇯🇵 19 – Iceland 🇮🇸 20 – Hungary 🇭🇺   #portugalnews #newsportugal #sustainabledevelopmentgoalsportugal #listofthemostsustainablecountriesintheworld # SustainableDevelopmentReport2024

What Business Schools have the best Masters in Management in the World? - Portugal Business News Portugal news – According to the Financial Times, here is the list of Business Schools with the best Masters in Management courses in the world, and four are in Portugal.   In Portugal, the Nova School of Business & Economics ranks 8th best Masters in Management course in the World.  The other Portuguese Business Schools with a Masters in Management course ranking among the best in the world are Católica Lisbon School of Business and Economics that ranks 27th best, the Iscte Business School that ranks 60th best, and the University of Porto – FEP | PBS that ranks 70th best.     Here are the Top 10 Business Schools with the best Masters in Management courses in the World: Top 10 Business Schools with the best Masters in Management courses in the World - Portugal Business News #portugalnews #newsportugal #highereducationportugal #Top10businessschoolswiththebestmastersinmanagementcoursesintheworld #bestbusinessschoolsinportugal #bestmastersinmanagementcoursesinportugal

Bright Pixel Capital leads a $12M investment round in world’s 1st hybrid cloud security startup - Portugal Business News Portugal news - Bright Pixel Capital has led a $12 million investment round in Tamnoon, a pioneering startup that is the creator of the world’s first and only hybrid cloud security remediation service managed by AI and human intelligence.   The Series A investment round in Tamnoon is led by Portuguese VC Bright Pixel Capital and includes Blu Ventures and Mindset Ventures as well as existing investors Merlin Ventures, Secret Chord Ventures, Inner Loop Capital, and Elron Ventures.   With this latest funding rund, the total capital raised by Tamnoon now exceeds $18 million.  These funds will fuel the development of the industry’s first hybrid AI-human managed services, offering continuous cloud threat detection, remediation, and prevention at scale, closing critical gaps in cloud security operations.   Tamnoon is the Managed Cloud Security Remediation platform that helps you turn CNAPP and CSPM alerts into action and fortify your cloud security posture fast.   Tamnoon's pioneering blend of purpose-built technology, AI, and cloud expertise helps security and dev teams streamline cloud security from prioritization through remediation and prevention. Companies rely on Tamnoon to reduce critical and high alerts, accelerate MTTR, and get the full value of their cloud security stack. #portugalnews #newsportugal #investmentnewsportugal #brightpixelcapital #tamnoon #fundingroundstamnoon # cloudsecurityremediationservicemanagedbyAI

Portugal ranks 7th largest producer of natural stone in the world - Portugal Business News Portugal news - Portugal ranks seventh largest producer and extractor of natural stone in the world, with exports reaching 488 million euros in 2023.   The main export markets for Portugal’s natural stone are France, China and Spain, and the sector represents 0.6% of exports of Portuguese goods.   Portuguese stones were recently recognized as “Heritage Stones” in the publication "The First 55 IUGS Heritage Stones" that was just launched and that compiles the stones recognized by the IUGS with world heritage value. Portugal stands out with 5 recognized stones – Ançã limestone (Pedra de Ançã), Estremoz marble (Mármore de Estremoz), Lioz limestone (Calcário Lioz), Arrábida breccia (Brecha da Arrábida), and Porto granite.   The Portuguese stone industry creates around 14,000 jobs and exports are increasing each year. It is one of the sectors that adds the most value to the Portuguese economy, according to Miguel Goulão, the President of Assimagra, that is the Portuguese Association of the Mineral Resources Industry.   According to Assimagra, the Portuguese stone industry registered a turnover of 1.2 billion euros in 2023 with over 2,066 companies in the sector, out of which 1,652 companies are in the processing industry and 414 in the extraction industry.   #portugalnews #newsportugal #portuguesestones #portuguesestoneindustry #heritagestones #Assimagra

What is the best airline in Europe and what are the best regional airlines in the world? - Portugal Business News Portugal news - What is the best airline in Europe and what are the best regional airlines in the world for traveling this holiday season?   According to the annual poll promoted by the prestigious North American travel and tourism magazine Global Traveler, TAP Air Portugal was elected the Best Airline in Europe. Discover what are the best airlines for a multi-city break in different regions of the world for this holiday season:   Frank Sinatra sings, “Come fly with me, let’s fly, let’s fly away …”     With the upcoming holiday season, here is the list of the Best Regional Airlines in the World:     1 – TAP Air Portugal   TAP Air Portugal is the Best Airline in Europe according to Global Traveler, that makes Tap Air Portugal the best airline to fly around Europe for a multi-city discovery this holiday season.      2 – Copa Airlines     Copa Airlines is the Best Airline in South and Central America.     3 - Aeromexico Aeromexico is the Best Airline in Mexico.     4 - Air Tahiti Nui  Air Tahiti Nui is the Best Airline in the South Pacific.     5 - Air Serbia Air Serbia is the Best Airline in Eastern Europe.     6 - Royal Air Maroc Royal Air Maroc is Best Airline in Africa.      7 - Etihad Airways Etihad Airways is the Best Airline in the Middle East.      8 - China Airlines China Airlines is the Best Airline in North Asia.      9 - Air China Air China is the Best Airline in China.     10 - Air India Air India is Best Airline in Central and South Asia as well as in India.     11 -   Fiji Airways Fiji Airways is the Best Airline in Australia and New Zealand.     12 - British Airways   British Airways is the Best Trans- Atlantic Airline. #portugalnews #travelnewsportugal #travelnews #tourismnewsportugal #whatisthebestairlineineurope #whatarethebestregionalairlinesintheworld #bestairlinesforamulticitybreak

Designer Italian furniture company opens flagship store in Lisbon - Portugal Business News Portugal News - Designer Italian furniture company Poliform just opened its flagship store in Lisbon.   Designer Italian furniture company Poliform just opened its first store in Portugal on Rua D. João, in the Amoreiras-Chiado district, that is an area where Lisbon’s main design studios are located.   The new flagship store, that occupies a total area of 500 square metres, displays its vision of contemporary living, with an elegant and refined way of life. The home furniture store includes furniture for the living room, bedroom, kitchen, as well as for outdoor areas.   The new Poliform flagship store in Lisbon, that was opened in collaboration with its historical local partner QuartoSala, is a new international milestone for the Italian furniture company, since it follows a series of openings in Europe, the Middle East and the United States. Poliform is thus strengthening its brand’s presence on the Portuguese market, since it has seen considerable growth in high-end residential and property projects.   #portugalnews #investmentnewsportugal #furniturestoresportugal #Poliformlisbon

What fastest growing startups in Europe are Portuguese? - Portugal Business News Portugal News - What fastest growing startups in Europe are Portuguese?   There are four Portuguese companies that rank among Europe’s fastest growing startups according to the Financial Times Sifted 250 list.     Here are the Portuguese companies that rank among Europe’s fastest growing startups: 1 – Coverflex Portuguese startup Coverflex ranks 37th fastest growing company in Europe.     Coverflex is both a Fintech and an HR tech startup based in Braga. Coverflex raised a 15 million euros Series A funding in 2023 led by SCOR Ventures, with business angels such as Job van der Voort, CEO of Remote. The new funding brought the startup’s total amount raised to 20 million euros since launching in 2021.     2 – Equal Food Portuguese startup Equal Food ranks 64th fastest growing company in Europe.     Equal Food is a Consumer Foodtech startup based in Lisbon that achieved revenues of 1.8 million euros in the financial year ending December 2023.     3 – Bridge In Portuguese startup Bridge In ranks 104th fastest growing company in Europe.     Bridge In is a B2B SaaS and HR tech startup based in Lisbon that achieved revenues of 4.9 million euros in revenue for the 2023 financial year.     4 – Knockcare Portuguese startup Knockcare ranks 208th fastest growing company in Europe.     Knockcare is a Healthtech startup based in Matosinhos and it recorded 4.95 million in revenues for the financial year ending 2023. Knockcare raised a 4.4 million euros round in November 2021 from investors Armilar Venture Partners, Mustard Seed, MAZE, Triple Point Ventures and Social Innovation Fund. #portugalnews #fastestgrowingstartupsinportugal #whatfastestgrowingstartupsineuropeareportuguese #fastestgrowingstartupsineurope

Why is Lufthansa Group investing massively in Portugal? - Portugal Business News Portugal news - Lufthansa Group is investing massively in Portugal with a new Lufthansa Technik plant for the repair of engine parts and aircraft components.   German multinational Lufthansa Group is building and opening its own plant in Portugal for the first time in its history to provide technological services to the aviation industry through Lufthansa Technik.   Lufthansa Technik just bought a 230,000 square meter property in the “Lusopark” business park in the district of Aveiro in the Porto Metropolitan Area. The new Lufthansa Technik Portugal plant is expected to be completed by the end of 2027 and will be equipped with the latest technologies in the MRO (maintenance, repair and overhaul) industry.     Why did Lufthansa Group choose Portugal for its new plant?   Lufthansa Group sent teams from Lufthansa Technik to Portugal and they worked for several months to find the ideal location for a multi-million-euro investment in a new state-of-the-art plant.   The main reasons why the Lufthansa Group chose Portugal to invest massively through the new Lufthansa Technik plant include the following:   1 – One important reason for the Lufthansa Group   choice of location is Portugal's position in the European Union.   2 – Portugal’s stable political framework conditions are a decisive factor.   3 - Another equally important reason for the Lufthansa Group’s choice of Portugal for their new plant is the country’s good infrastructure.   4 – Portugal’s labor market is especially attractive for setting-up an plant in the aviation industry in Portugal.   5 - The choice of the Lufthansa Group’s new location in Portugal is mainly due to the fact that the new Lufthansa Technik plant in Portugal will be strategically positioned to further expand as the global market leader in providing technological services for the aviation industry to serve their over 800 international customers.   This new investment is also a sign of the Lufthansa Group's commitment to Portugal.   Lufthansa Group obtained the support of the Portuguese government, represented by the trade and investment agency AICEP, and of the city of Santa Maria da Feira to go ahead with their investment plans. Moreover, Portuguese law firm Morais Leitão is advising Lufthansa Technik on the project.     The choice of Portugal for the new Lufthansa Technik plant represents a further step towards the reindustrialization of Portugal. According to Portuguese Minister of Economy, Pedro Reis, this “demonstrates the strong confidence in our national infrastructure and human capital, particularly in our highly skilled engineers and technicians in the aeronautics sector. It also shows that we are taking the right steps towards attracting foreign investments, which will help propel the growth of the Portuguese economy.”   According to Ricardo Arroja, the Chairman and CEO of the Portuguese economic development agency AICEP: “The aerospace industry in Portugal is on the upward path, as our country is now hosting an increasing number of key players in the industry, contributing to a full production cycle that ranges from development to production and overhaul.”    Lufthansa Technik will set up a training center in Santa Maria da Feira in 2025 to train the future employees of Lufthansa Technik Portugal so that production can begin upon completion of the new 54,000 square meter facility.   Lufthansa’s new manufacturing plant in Portugal will create more than 700 jobs and candidates will be able to apply for them in 2025.  Lufthansa Technik will advertise jobs online in the coming weeks and the positions being sought include mechanics, electronics technicians, engineers, as well as process and human resources managers of all genders. #portugalnews #investmentnewsportugal #economicnewsportugal #newslufthansagroup #lufthansatechnikportugal #newsaerospaceindusry #newsaviationindustry

Portuguese products displayed in New York by A Vida Portuguesa - Portugal Business News Portugal news - Typical Portuguese products are displayed in New York by A Vida Portuguesa at the Museum of Modern Art (MoMA) Design Store, located in SoHo and Midtown, from January 8th to March 10th, 2025.   The founders of Portuguese brand A Vida Portuguesa believe that objects are capable of telling extraordinary and revealing stories about a people and their peculiar tastes, about a society and its context, about a history that is, after all, a common identity. This is why A Vida Portuguesa was born with the desire to take inventory Portuguese brands that have survived the test of time, with the intention of showcasing the quality of manufactured Portuguese products to reveal Portugal in a surprising way.   Portuguese products and art are already a favorite with New York customers of MoMA who visit Portugal: “We have long been impressed by A Vida Portuguesa’s ability to celebrate the history of Portuguese manufacturing through a modern lens,” stated Emmanuel Plat, Retail Chief Merchandising Officer of MoMA New York.   “Our products are a reflection of the craftsmanship and tradition of Portugal, from the hands of local makers to homes around the world. We are excited to share this opportunity to experience the rich history and timeless design of products made in Portugal,” stated Catarina Portas, founder of the brand A Vida Portuguesa.   The launch event of the A Vida Portuguesa brand in New York will be on January 9th, at the MoMA Design Store in SoHo, and marks the brand’s debut of in the North American market, with the aim of bringing Portuguese tradition and design to an international audience. The event will include a talk about Portuguese design and culture under the theme: “Why Portugal, why Now?” Author: Portugal Business News

Google Cloud AI partners with Portuguese pet care startup - Portugal Business News Portugal news - Google Cloud AI partners with Portuguese pet care startup Barkyn for a healthier future for pets powered by AI.   Portuguese tech startup Barkyn developed the Barkyn Assistant app, a groundbreaking feature that empowers pet owners with real-time insights into their dog’s health by leveraging the power of AI and machine learning through Google Cloud.   With Google Cloud’s advanced technologies, Barkyn Assistant can analyze images of dog’s fur, eyes, teeth, and others, to generate a comprehensive health score rating from 0 to 100. This assessment enables pet owners to identify potential health issues early on and take preventive measures. Assistant also offers personalized health tips from experts to improve a dog’s well-being, facilitates vet appointments scheduling, and helps pet owners discover nearby dog-friendly parks, restaurants, and other amenities.    Google Cloud’s robust tools Vertex AI and Gemini, empowered Barkyn to create an innovative tailored solution that seemed almost impossible on paper.  The development of Assistant, powered by Google Cloud technologies, has allowed Barkyn to pursue its mission of becoming a 360-degree health service for dogs, moving beyond nutrition to address every aspect of pet wellness. The training of the AI model was an intensive and collaborative process. The team began by digesting extensive scientific research, consulting specialists, and synthesizing data into actionable insights.   "We defined the framework, but our vets trained tirelessly—thousands and thousands of images—to ensure the model could not only recognize but also provide accurate health assessments," stated Sofia Oliveira, Director of Brand, Barkyn.

Portugal's Central Bank stops publishing on X (Twitter) & chooses Bluesky - Portugal Business News Portugal news - Portugal's Central Bank stops publishing on X (former Twitter) & chooses Bluesky. Portugal’s Central Bank, Banco de Portugal, published a post on Elon Musk's social network saying that it was their last post to announce that Banco de Portugal had formerly abandoned X:    “@banco de Portugal has decided to discontinue its publications on X. This account will continue to exist as an archive. We remain active on Linkedin, Instagram and YouTube. Find out more about Banco de Portugal at bportugal.pt .” The post ends with the hashtag #goodbyeX.   On the other hand, Portugal’s Central Bank has announced on Linkedin, that they will be replacing X with Bluesky: “New platform, new connections. We are getting closer. Hello, Bluesky!”   Bluesky is a social media platform similar to X where users can share short posts containing text, images, and videos. It is owned by Bluesky Social PBC, a benefit corporation based in the United States.   Portugal’s Central Bank had already announced that the Court of Auditors had decided to abandon both X and Facebook, due to "numerous situations that violate national legislation and European Union legislation".   In a ruling, the Court of Auditors of Portugal’s Central Bank explains that it has used these platforms as “official channels for disseminating its activity”, but that they have “ been sanctioned for violating fundamental rights, in particular for failure to comply with data protection and consumer protection legislation. ”   The document adds the platform X has abandoned content verification, which has resulted in the proliferation of hate speech, and the use of this platform to promote disinformation is evident.   Recently, the Facebook platform announced the end of fact-checking and of the moderation of hate speech, thus disregarding the legal framework of the European Union, in particular the Digital Services Regulation”.   Germany’s Central Bank, the Deutsche Bundesbank, also decided to abandon X, together with other international media outlets such as The Guardian, La Vanguardia and Le Monde.   In November, account deactivations on X peaked the day after the US election, with more than 280,000 deactivations recorded across the web globally on November 6. In the US alone, around 115,000 people have already left the X platform.