Economy

Strategic priorities earned the city of Porto circa 1.4 billion euros in the framework of Portugal 2020

As regards EU Funding, the Municipality of Porto is at the top of the Commission's agenda as regards attractiveness. Since the Community framework kicked off, in 2014, circa 1.4 billion euros of the Portugal 2020 were allocated to the city of Porto to deliver strategic works, both to support companies and training. This data was provided by the “Mais Transparência” portal.

CIIMAR fights aquaculture waste with the SIDESTREAM project

CIIMAR, the research centre of the U.Porto comprises the SIDESTREAM international Consortium, which targets the creation of new ingredients for aquaculture, in order to build a sustainable aquaculture sector.

Rui Moreira is in favour of a “significant and solid” Northern contribution as regards digital transition

Rui Moreira was the keynote speaker of the conference “Territórios em Transição" [“Transition territories”, free translation], which marked the 133rd anniversary of the Jornal de Notícias, and was held on 2 June.

Go shopping in Porto and never be short of parking space

Those who choose to buy at local shops in Porto will be able to enjoy free parking in the municipal parking lots for one hour. The proposal was approved by the Municipal Executive of Porto City Hall on 31 May and the main goal is to support local traders that have been hard hit by the ongoing pandemic.

Best Of Wine Tourism 2022 applications are open

The applications for the Best Of Wine Tourism are open. Companies that develop enotourism activities in Porto and Douro and the "Vinhos Verdes" Wine Regions are now able to apply to such an award, even more relevant in a time when the tourism sector has been so hard hit by the pandemic. Applications should be submitted until 16 July 2021.

"Porto will not celebrate São João, but there will be grilled sardines"

"Porto will not celebrate São João, but there will be grilled sardines", not necessarily on the eve of São João, on 23 June, as restaurants will close doors at 6 pm. In the end of May, three sites in Porto hosted travelling amusements, namely the Rotunda da Boavista, the Fontaínhas and Lordelo do Ouro, in compliance with all safety measures, under a protocol signed with Porto City Hall. This hard hit sector "can now see a light at the end of the tunnel".

There is a new route as regards wine tourism

There is a new route as regards wine tourism. Four wine regions in the North formed a partnership to establish a new enoturism route of Porto and the North. The protocol was signed yesterday evening, at the Rivoli, between the Instituto dos Vinhos do Douro e do Porto, the comissões de viticultura regional dos Vinhos Verdes, Távora-Varosa e Trás-os-Montes, and the Turismo do Porto e Norte de Portugal (TPNP).

Feira dos Passarinhos will be momentarily relocated until July

The Feira dos Passarinhos, which is normally set up in the Alameda das Fontainhas, will be relocated to Avenida Rodrigues de Freitas, on grounds of public space organization and to give new impetus to the city, under the support to the itinerant entertainment business sector. This is a temporary move, which will be in place between 23 May and 10 July.

Belgium company invests in sustainable housing in Campanhã, designed by Souto de Moura

The Belgium Krest Real Estate will advance the construction of over 70 thousand square metres nearby the Campanhã railway station, in na undertaking that contemplates housing, office space, hotel trade and catering. All these feature have a common denominator: sustainability. The project is signed by Eduardo Souto de Moura and the construction should start in 2022.

Fairs and markets receive new urban furniture by Porto City Hall

Sellers at the Antiques and Junk Fair are now more comfortable at the Praça do Dr. Francisco Sá Carneiro, aka Praça Velásquez, as they were gifted new urban furniture that will make their businesses literally easier, come hell or high water.