Porto

Porto (in English also Oporto), formerly Portucale, population 263,000 in 15 parishes, with 1,551,950 in the metropolitan area, is Portugal's second city and district seat. It is situated in the north of the country, on the northern bank of the Douro River, just in the coast of the Atlantic Ocean.

Economy

Porto has always rivaled Lisbon in economic power despite its much smaller size. As the most important city in the heavily industrialised north, many of the largest Portuguese corporations are headquartered in this city.

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The city's stock exchange (Bolsa do Porto) merged with Lisbon's, originating Bolsa de Valores de Lisboa, which later merged with Euronext, together with Amsterdam, Brussels, LIFFE and Paris.

Related Topics:
Bolsa do Porto - Bolsa de Valores de Lisboa - Euronext - LIFFE

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Porto hosts the most popular Portuguese newspaper, Jornal de Notícias. The building where its offices are located (which has the same name as the newspaper) was up to recently one of the tallest in the city (it has been superseded by a number of modern buildings which have been built in the last 10 years).

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Porto Editora, the most important Portuguese publisher, is also in Porto. Its dictionaries are considered the standard reference works for Portuguese.

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