Santo Tirso

Brazil's WEG Aims to Quadruple Its Santo Tirso Motor Business by 2035, and to Start Building Electric Car Chargers There

The electric motor maker expects about 110 million euros of turnover in Portugal this year and 200 million by 2030. It employs around 900 people and exports nine in ten of its motors.

6 October 2026

News

Europe Grows the Flax and Asia Spins It: a 30 Million Euro Mill at Santo Tirso Starts Up to Take That Step Back

Calvelex, Mundifios, Paulo de Oliveira and Riopele have put 30 million euros into Portugal's only flax and hemp wet-spinning plant, with China's Kingdom Holdings as partner. It sits in a rebuilt Filatex shed at Rebordoes and expects about 250 workers.

26 August 2026

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