Business & Economy of Portugal Lisbon Expo on the banks of the Tagus Estuary was the site of Portugal's 1998 Lisbon World Exposition. View of the Pavilion of Portugal with its "concrete veil" and the two residential towers Torres S?o Rafael and S?o Gabriel, which flank the Centro Comercial Vasco da Gama shopping center in the Parque das Na??es (Park of the Nations). Image: Luis Ascenso
Portugal has become a diversified and increasingly service-based economy since joining the EU in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors.
The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package. Austerity measures also have contributed to record unemployment and a wave of emigration. Banco de Portugal
Portugal's Central Bank.
Câmara de Comércio
The Portugal Chamber of Commerce and Industry is a private business association promoting the national and international development of its members. aicep Portugal Global
AICEP is a government agency promoting Portugal's image internationally as a tourist destination and producer of high-quality goods and services. Portuguese Brands Casa Batalha
Casa Batalha is a traditional jewelry company, founded in 1635; today it produces bling jewelry. Esmaltina
Portuguese bicycles. Foreva
Portuguese shoe manufacturer. Revigrés
Portuguese ceramics. Port & Wine
Port Wine is a strong, mostly sweet, typically dark red fortified wine, originally from Porto. Fonseca Guimaraens
Fonseca is one of the largest Port wine houses in Portugal. Kopke
The oldest port wine house. Taylor, Fladgate & Yeatman
Another old port wine house. José Maria da Fonseca
One of the oldest Portuguese table wine company. Sandeman
Well known Port and Sherry brand. Transportation Airlines TAP Air Portugal
Transportes Aéreos Portugueses - Portugal's flag carrier airline. Airports Portela Airport Lisbon
Lisbon Airport (IATA
: LIS) Faro Airport
Portugal's second-largest airport. Rail Caminhos de Ferro Portugueses
The Portuguese Railways.