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Portuguese ethical hackers Ethiack were chosen for the Startup Wise Guys EUR 78,000 Accelerator program. The Startup Wise Guys Accelerator program will invest in 7 startups with a focus on cyber-security. The program is funded by Italian investment bank CDP and by Startup Wise Guys. Ethiack, that is based in Coimbra, Portugal, just launched a global platform for offensive security that connects organizations and hackers. It provides attack surface management, autonomous security testing and risk prioritization, while rewarding hackers for their hard work. The Ethiack portal provides a complete report of vulnerabilities as well as mitigation measures. Since 17% of cyber-attacks have targeted SMEs in 2022 compared to only 1% in 2021 according to ENISA, this will be especially useful for SMEs. #Ethiack #StartupWiseGuys #cybersecurity #CDP #ethicalhackers #cybersecurityportugal #digitalportugal #portugalnews #portugalbusinessnews

Portuguese wine exports reach a record high with EUR 941 M in 2022, that is a 5.75% growth in terms of value without Porto wine. Portuguese wine exports including Porto wine grew by 1.52% and ViniPortugal expects wine exports to reach EUR 1 billion in 2023. The main wine export market is France and exports are reaching new highs in terms of value with a growth rate of 1.56% to reach EUR 103.3 million. The USA ranks second with an export value of EUR 99.68 million. Growth markets for Portuguese wine exports are the USA, Canada and Angola according to ViniPortugal. Wine export figures for November highlights Angola as a major export market with a 5% growth rate excluding Porto wine. For Angola, the export value grew by 110% to reach EUR 46.3 million. Angola ranks 7th in the wine exports ranking for Portuguese labels. When wine exports are analyzed per region, Porto wine is still the leading category with EUR 295.7 million, despite the fact that exports fell by 4.9%. Portuguese Vinho Verde ranks second with EUR 77.8 million, that is a 6.8% growth; while Alentejo wine ranks third with EUR 73.2 million, that is a 13.4% growth. The highest growth rate per region is the Dão wine with EUR 19.7 million. #Portuguesewineexports #ViniPortugal #Dãowine #madeinportugal #portugalnews #portugalbusinessnews

Portuguese company Metalogalva Group is investing USD 6 M in Memphis, in the US state of Tennessee according to La Prensa Latina. An announcement on February 8th from the Tennessee Department of Economic and Community Development stated that Metalogalva Group is opening its first U.S. facility in Southeast Memphis, a $6 million plant that will employ 129 people, and that the average salary will be $47,000. “Our strong business climate and unmatched workforce make Tennessee the ideal place for global manufacturers like MSS Steel Tubes to thrive,” Governor Bill Lee said in a statement, adding “I thank this company for its commitment to job creation across Memphis and look forward to this company’s continued success.” MSS Steel Tubes USA is a subsidiary of MSS Steel Tubes SA, which is owned by Portugal-based Metalogalva Group in partnership with Brazil-based Soufer Group. Metalogalva has a turnover of EUR 147 M. According to the La Prensa Latina report, the facility will be used as a distribution and manufacturing hub for MSS Steel Tubes that produces parts for solar panel manufacturers. The Greater Memphis Chamber of Commerce plans to add 50,000 additional jobs and 700 advanced industry companies to the Memphis market by 2030. #MetalogalvaGroup #MSSSteelTubes #portugalnews #portugalbusinessnews

Galp is building a network of 5,000 EV charging points in Portugal and Spain. Galp intends to extend its Portuguese network of electric charging points by 150% according to Negócios. The company has partnered with IKEA to build the largest network of electric charging points in Portugal. Galp is a market leader in the supply of EV charging points and its infrastructure includes chargers of 7,4 KW, 22 KW and 60 KW DC. With around 2,000 points already operational, the goal is to reach 10,000 points by 2025 to cover the whole Iberian peninsula. #Galp #EVchargingpoints #IKEA #electricvehiclesportugal #portugalnews #portugalbusinessnews

Portugal won the prize for the Best Organic Bread in the World at the World Bakery Championship in Italy. Portugal has the Best Organic and Nutritional Bread in the world. The SIGEP championshiop (Feira Internacional de Padaria, Pastelaria e Gelado) distinguished the Padaria Dias bakery with the Award of the Best Organic and Nutritional Bread in the world. According to the celebrity bakers, the Portuguese bread contains the flavors of Serra da Estrela, thus obtaining the name Rosa Negra, meaning black rose, that is the name of one of the most iconic regions of the Serra da Estrela mountain range in Central Portugal. #BestOrganicBreadintheWorld #portugalbestorganicbread #WorldBakeryChampionship #SIGEP #PadariaDias #RosaNegrabread #madeinportugal #portugalnews #portugalbusinessnews

A Portugal archeological finding shows that Neanderthals ate seafood. The finding shows that Neanderthals lived 90,000 years ago in a seafront cave in Portugal and feasted on crabs cooked over coals, according to a report by CNN in their Space & Science segment. The CNN report states that the finding is significant because it supports the evidence that seafood contributes to brain growth, which could be a factor for the appearance of the Homo sapiens species. Archaeologists excavated the Gruta da Figueira Brava in Setúbal, that is 32 kilometers south of Lisbon, and found remains of shellfish; including those from the brown crab known as the Cancer Pagurus, a species that is still on the menu in Portugal, Spain, Italy and France. #archeologicalfindingportugal #Neanderthals #CNN #GrutadaFigueiraBrava #shellfishneanderthals #archeologyportugal #portugalnews #portugalbusinessnews

Portuguese cement company Secil will be issuing Green Bonds totaling EUR 75 million in order to finance its Clean Cement Line (CCL) that is produced in Setúbal in southern Portugal. Portuguese company Secil (Companhia Geral de Cal e Cimento) obtained two debenture loans under its Secil Green Bonds 2030, one at a fixed-rate and the other at a floating rate. The bonds will be issued until January 25th 2024 with a maturity of up to seven years. The Clean Cement Line is produced according to an innovative technology that makes it possible to reduce the dependency on fossil fuels. The sustainable product will provide increased energy efficiency as well as a low-carbon clinker that will lead to a range of cements that will have a low ecological impact. Secil is a Portuguese company that produces and sells cement, concrete, aggregates, mortars and hydraulic lime. The company also operates in the circular economy sector with the use of waste products as an energy source. #Secil #GreenBonds #CleanCementLine #sustainableconcrete #greenconcrete #sustainableconcreteportugal #portugalnews #portugalbusinessnews

The top electric vehicle sales 2023 in Portugal from Stellantis that is a market leader. With a market share of 29.3% and a number of brands including Peugeot, Opel, Citroën, Maserati and Jeep, the company registered 4.937 vehicles in January, out of which 707 electric vehicles were registered with a share of 17.7% for Battery Electric Vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). In January, Stellantis positioned four of its brands in the Top 10 of domestic sales, namely Peugeot, Citroën, Fiat and Opel. Peugeot is the best-selling brand in January 2023, with sales reaching 1.888 units and a market share of 11.2%. The French brand is a favorite for Portuguese customers for passenger cars with a share of 9.1% and for light commercial vehicles with a share of 25.4%. Source: https://www.portugalbusinessesnews.com/post/top-electric-vehicle-sales-2023-in-portugal #topelectricvehiclesales2023Portugal #Stellantis #bestsellingcarbrandportugal #electricvehiclesportugal #portugalnews #portugalbusinessnews

Copenhagen Infrastructure Partners will invest EUR 8 billion in offshore wind energy in Figueira da Foz, Portugal. The Nortada project by the Danish investment fund is to produce 2 GW and it will be the first large-scale offshore wind farm in Portugal. Figueira da Foz is one of the five zones designated by the Portuguese government for producing offshore wind energy. Copenhagen Offshore Partners, that will be responsible for operations, develops offshore wind projects around the world and leads in innovative offshore wind technologies. This includes the Changfang and Xidao projects which will power approximately 650,000 Taiwanese households and the Vineyard Wind 1 project which will be the first commercial scale offshore wind farm in the United States. #CopenhagenInfrastructurePartners #offshorewindportugal #Nortadaproject #renewableenergyportugal #portugalnews #portugalbusinessnews

Portuguese insurance broker MDS bought Pacific Insurance. The Portuguese multinational will keep the brand identity as well as the management of Pacific Insurance. This acquisition will strengthen their leadership in the market segment. Pacific Insurance has a portfolio of four thousand clients, out of which 20% are companies that operate in the fields of services, transport and construction. In 2022, Pacific Insurance managed a portfolio of insurance premiums amounting to EUR 4 million, closing the financial year with revenues of EUR 700 thousand. #MDS #PacificInsurance #insurancesectorportugal #investmentsportugal #portugalnews #portugalbusinessnews

Source: https://www.portugalbusinessesnews.com/post/350ppm-biotech-move-to-portugal #350ppmBiotech #PortugalBusinessNews #portugalbusinessesnews #portugalnews

Mastercard just announced their partnership agreement with Portuguese start-up Ubirider to provide Mobility-as-a-Service solutions for transit operators globally. According to Mastercard, the collaboration with Portuguese company Ubirider will focus on creating more efficient and sustainable digital payment and ticketing solutions for transport operators. Portuguese payment solution Ubirider will be exported globally by Mastercard. According to StartUp Portugal, after the pilot projects in Évora and with Fertagus, the Tap-on-Phone contactless payment solution of the Pick Hub app is now being launched globally. The technology developed by the startup Ubirider transforms a smartphone into a payment terminal that is simpler, faster and more accessible than traditional systems that are based on heavy and expensive hardware. The agreement between Mastercard and Ubirider, the Portugal-based developers of Pick, that is a Mobility-as-a-Service (MaaS) platform, the partners will jointly offer innovative digital solutions that combine operational, payment and ticketing resources for public transport operators. Mastercard stated that this partnership would expand on the early success of the products in Portugal to simplify access and payments for mobility services. The MaaS platform Pick, which comprises mobile applications, cloud software and web portals, incorporates state-of-the-art payment technologies that benefit users in terms of convenience. “Mastercard works with partners around the world to help people move around urban environments seamlessly. In that spirit, we partnered with Ubirider both because their digital and multi-modal solutions align closely with our vision, and because the Ubirider platform directly addresses rapidly evolving user and transit operator needs," said Chapin Flynn, Senior Vice President, Transit and Mobility of Mastercard. The management of public transport systems varies from country to country, but there is a common thread between almost all public transport operators: all of them struggle to manage and integrate several technological platforms into their operation. These challenges include the management of schedules, drivers and services offered, while communicating information to the public as well as issuing tickets, accepting payments and issuing invoices and receipts. The platform Pick by Ubirider combines all these functions in an integrated digital environment, not only saving time and costs, but also improving efficiency as it integrates all operational data into a single application. Pick also includes a powerful payment management system, which allows passengers to buy trips involving multi-modal mobility services by aggregated payment that is immediately distributed by the operators involved, reducing payment friction and time for passengers, as well as administrative costs and burdens for operators. In addition, Pick offers transport operators advanced contactless payment technologies, such as Tap-on-Phone, a PCI-certified and secure software technology that transforms a smartphone into a simple payment terminal; that are more powerful and affordable than traditional systems which are based on heavy and expensive hardware. The Mastercard and Ubirider partnership has allowed Fertagus, the operator of suburban trains in the Lisbon metropolitan area that handles more than 2.8 million passengers per month, to also adopt the Pick platform. Through this platform, more than 30% of ticket sales were transacted in the first 10 months in a clear demonstration of adoption by users who consider the application useful and easy to navigate. “We have been working with Mastercard for some time in Portugal and this agreement is the result of successful cases that we have achieved together, but also of the conviction that our digital Mobility-as-a-Service platform, Pick, is ready to compete successfully around the world,” said Paulo Ferreira dos Santos, CEO and Founder of Ubirider, adding that “the relationship with Mastercard allows Ubirider to continue to incorporate the most advanced payment technologies and allows us a global reach in terms of market opportunities.” Ubirider's Pick Hub app, that is available on the Apple App Store and Google Play, allows users to plan their door-to-door trips, pay for their tickets and travel to any destination, anywhere, using the best combination. Source: https://www.portugalbusinessesnews.com/post/mastercard-announces-partnership-with-portuguese-ubirider #Mastercard #Ubirider #Portuguesestartups #digitalpayment #StartUpPortugal #Fertagus #taponphonecontactlesspayment #Pick #MobilityasaService #MaaS #mobileapplications #paymentmanagementsystem #contactlesspaymenttechnologies #PickHubapp #digitalportugal #portugalnews #portugalbusinessnews