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The Braga Brief: Bracara Augusta Takes Over the City, Metrobus Loses €76M of PRR, Token Trust Wins CMVM — Week of 22 May 2026

Braga Romana takes over the historic centre (414 initiatives, theme 'Antes de Augusto'), the metrobus loses €76M of PRR funding, Token Trust wins CMVM authorisation for tokenised securities, and Bosch expands its eBikes R&D — your week in Braga, 22 May 2026.

The Braga Brief: Bracara Augusta Takes Over the City, Metrobus Loses €76M of PRR, Token Trust Wins CMVM — Week of 22 May 2026

Bom dia from Braga. The historic centre is in togas this week — Braga Romana is back, and it is the biggest edition the festival has ever staged. But the headlines around it are unusually heavy for late May: the metrobus has just lost most of its EU funding, the local health unit is on the back foot over an IT collapse, and a quiet little blockchain firm out of Braga has become the first in the country authorised to tokenise shares and bonds. Here is what you need to know.

This Week in Braga

Braga Romana opens on the Rossio. The 2026 edition of the city's signature spring festival runs 20–24 May with three stages — at the Rossio da Sé, Praça do Município and Largo de São João do Souto — 72 hours of programming, 414 separate initiatives and 130 merchants. The theme this year is Antes de Augusto ("Before Augustus"), a deliberate shift away from the imperial Roman framing of past editions toward the Bracari people who lived in these hills before Rome arrived. Of the 35 artistic agents involved, 13 are from Braga itself; the rest were drawn from across the northwest. If you have never been, expect the entire historic centre to be in costume, with 75 roaming activities and 32 guided visits woven through the streets.

BRT loses its PRR slice. Brussels signed off Portugal's PRR revision on Monday 19 May, and Braga's bus-rapid-transit line — the so-called metrobus — is one of the casualties. The project loses roughly €76 million of recovery-fund money because the works cannot realistically be completed by the PRR's hard 31 August 2026 deadline. The Câmara is now pressing ahead with only the red line, hoping to have the first vehicles in circulation by the end of June, and is openly looking for replacement financing from national funds or other EU envelopes. Expect a fresh round of debate at the next municipal assembly.

ULS Braga under pressure. The local users' commission has called for the resignation of the Unidade Local de Saúde administration after the IT failure that hit the system earlier this month. Patients have reported expired exam requests, lost clinical reports and cancelled surgeries in the wake of the outage. The Ministry has not yet responded publicly to the demand. If you are a foreign resident with an upcoming hospital appointment at Braga, it is worth ringing ahead before travelling.

Tech & Business

Token Trust gets its CMVM stamp. A small fintech headquartered in Braga, Token Trust, became one of the first Portuguese firms cleared by the CMVM to operate a distributed-ledger trading and settlement platform under the EU DLT pilot regime. In practice, that means Braga is now home to one of the country's regulated venues for tokenised securities — a niche, but a real one. The team has been recruiting steadily, and the licence opens the door to issuing tokenised bonds for Portuguese mid-caps.

Bosch doubles down on eBikes. Bosch has confirmed that its sprawling Braga complex — already the company's largest Portuguese site by headcount — will host a new R&D area dedicated to advanced eBike systems, including connectivity, digital services and safety tech. Hiring is concentrated on software and embedded-systems engineers; if you have a background in mobility or IoT, the Bosch careers page is worth a look.

An Industry Summit at the Theatro Circo. On Tuesday 26 May, the first edition of the Industry Summit lands at the Theatro Circo, with Prime Minister Luís Montenegro and Deputy Minister for Economy Gonçalo Matias both confirmed. Programming centres on competitiveness, the EU industrial policy reset and what it means for the Minho corridor.

University & Students

Caldeira Cabral takes over UMinho Exec Ed. Former Economy Minister Manuel Caldeira Cabral was appointed director of the Universidade do Minho's Escola de Formação de Executivos earlier in May. He brings a long economics-policy track record and a stated focus on tightening the links between the executive-education programme and the region's industrial base — Bosch, Aptiv, Preh, and the cluster of mid-cap manufacturers along the A3.

INDEX biennial wraps up. The third edition of the INDEX art-and-technology biennial closed in mid-May after a packed run that included a Theatro Circo opening with the world premiere of The Drum and The Bird, a collaboration between researchers Forensis and musician Bill Kouligas. If you missed it, the biennial returns in 2028, and selected works tend to tour Lisbon and Porto in the meantime.

Expat Corner

A practical note for newcomers: Braga's Loja do Cidadão on Avenida Imaculada Conceição has, since the start of the year, been one of the few in the country where you can renew a residence permit, exchange a non-EU driving licence and get a NIF in the same visit, without needing three separate appointments. Walk-in slots vanish by mid-morning, but the online queue via SIGA usually has same-week openings if you book before 8am. The English-speaking AIMA support desk on the first floor is staffed Tuesday and Thursday mornings only.

If you are new to the city and looking for an English-speaking community, the Braga Expats meetup at the Sardinha Biba on Rua do Souto runs every other Thursday evening; the next one falls in the week after Braga Romana ends.

Weekend Pick

It has to be Braga Romana. Skip the Saturday-night crush on the Rossio da Sé and aim for Friday late-afternoon, when the artisan market on Largo de São João do Souto opens and the light hits the cathedral's south façade. The roaming performances tend to peak around 18h00, and you can pair the visit with an early dinner at one of the tasquinhas along Rua do Souto before the streets fill up. The festival closes Sunday night with a procession from the Praça do Município.

That is your week. Boa Braga Romana — and watch out for centurions on the Avenida.

— The Portugal Brief, Braga edition