One of the latest signals of this growing relevance comes from a major Spanish multinational in the tech and consulting sector, which, after years of acquisitions across Europe, is now turning its focus decisively to Portugal.

With a presence in the country for over 25 years and a workforce that now surpasses 1,000 professionals, the company has identified Portugal as a critical geography for its ongoing growth strategy. The group’s expansion aligns with an ambitious long-term plan, combining organic development with targeted acquisitions aimed at consolidating its position as a leading technology player across the Iberian Peninsula and beyond. Including Lusophone African markets.

This interest reflects not only the company’s confidence in Portugal’s business climate but also the country’s rising profile as a center for innovation, talent, and nearshore capabilities. Over the past year alone, project volume in Portugal has grown by over 30%, while service execution increased by nearly 10%, underlining both the operational maturity and the scalable potential the country offers.

Portugal’s appeal is multidimensional. It combines a highly skilled, multilingual workforce with competitive costs, a vibrant startup ecosystem, and a culture of innovation supported by universities, research centers, and tech incubators. These factors have helped make Portugal an increasingly attractive destination for global tech firms looking to establish or expand their European footprint.

Recent acquisitions by the Spanish group have further deepened its integration into the Portuguese tech ecosystem. The purchase of companies operating in aerospace solutions and cybersecurity has already had a direct impact on the local operation, enhancing technical capabilities and opening up new business lines. These investments are being matched with ongoing assessments of new opportunities, with additional acquisitions expected to be announced in the first half of 2025.

Importantly, the company’s confidence in Portugal’s potential remains steady, even amid political transitions. The broader strategic vision remains unchanged, with public sector partnerships still playing a key role despite potential delays in procurement processes. Growth and investment in Portugal continue as planned.

Beyond national borders, Portugal also serves as a vital platform for expansion into the Portuguese-speaking world. From Angola to Mozambique, Cape Verde to São Tomé and Príncipe, the company is leveraging its operations in Portugal to deliver technology-driven solutions across sectors such as air traffic management, remote healthcare, secure communications, and utility digitization. Recent branch openings in Angola and Mozambique further signal a long-term commitment to the region.

Portugal’s growing role in this international strategy is underscored by the company’s participation in landmark projects across public transport, aviation, energy, and digital security. Whether modernizing the reservation systems of national airlines, transforming payment solutions for metro systems, or supporting digital innovation in fuel stations, the company’s footprint is becoming deeply embedded in key areas of Portuguese infrastructure.

In parallel, cybersecurity and identity protection remain central pillars of the local offer. This is an area of increasing demand in a world shaped by remote work and growing digital threats. The company continues to provide tailored solutions for organizations of all sizes, reinforcing Portugal’s role as a trusted hub for secure digital services.

Looking ahead, Portugal is not just a market but as in the past shown by others, it's a launchpad. It offers a rare blend of stability, talent, infrastructure, and global connectivity. As global companies look to scale sustainably, reduce operational risks, and access both European and African markets, Portugal is proving itself to be not only a smart choice for investors, but also a strategic one.

Author

Paulo Lopes is a multi-talent Portuguese citizen who made his Master of Economics in Switzerland and studied law at Lusófona in Lisbon - CEO of Casaiberia in Lisbon and Algarve.

Paulo Lopes