Portuguese companies were traditionally passive exporters. But as globalisation took hold and the domestic market became too small for the bigger firms, many groups have successfully internationalised. The best companies are using innovation, diversification and overseas investment to gain greater value from established skills and aptitudes.
In co-operation with the country’s investment banks, a growing number of Portuguese construction engineering and energy companies are competing successfully for overseas infrastructure deals and project finance contracts, often in partnership with local companies. Manufacturing sectors in which the Portuguese compete with international market leaders include steel construction and wood products, including cork, pulp and paper.
