Thursday, October 06, 2005

Portugal - back in the game

Here is an article by Peter Wise in "The Banker" about Portugal becoming a global investor and getting "Back in the Game". He quotes Miguel Athayde Marques, chairman and chief executive of Euronext Lisbon, to say that there is growing internationalisation of Portuguese companies:

“Portuguese companies have traditionally been passive exporters. At the beginning of the 1990s only a handful of groups were investing abroad. Now there are hundreds of Portuguese companies with an international presence, several of them world leaders in their sector. Internationalisation is very demanding in terms of capital and we expect an increasing number of companies to turn to the stock market to fund expansion.”

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