Tgv Changes in Gaia Threaten the Eu-Supported Fossil Engine Factory

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This is a EUR 4.5 million project, of which 40% are funded by the Portugal 2030 European Fund Programme, which is threatened by changes to the traceability of VAT.

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“We have an investment project supported by Portugal 2030, to install a machine of large additional metal manufacturing dimensions, which will be, at the level of ‘service supply’ [service provider], the company with greater European capacity,” said Lusa Afonso Nogueira, director general of HyperMetal, located in the industrial area of São Caetano, in Villa Nova de Gaia (Porto district).

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Investment may be at risk due to the alternative design of the high-speed line.