Israeli HiBob installs European tech hub in Portugal

  • ECO News
  • 13 September 2022

The choice of Portugal was related to the rapid growth seen in the country, which is now "one of the most important technology hubs in Europe, with a lot of talent coming to the country recently".

Israeli company HiBob has chosen Portugal to install its new European tech hub on Lisbon’s Avenida da Liberdade. The human resources platform intends to create 70 new jobs in Portugal over the next 12 months. The value of the investment spent in the “Center of R&D Excellence” amounts to “several million euros”. João Ferro Rodrigues will join the team as managing director of HiBob in Portugal.

“We will create about 70 new jobs for tech professionals during the next 12 months, with a recruitment process that is already underway,” says Ronni Zehavi, co-founder and CEO of HiBob, in statements to ECO.

The choice of Portugal was related to the rapid growth seen in the country, which is now “one of the most important technology hubs in Europe, with a lot of talent coming to the country recently”.

“Over the years, many big companies have arrived in Portugal from other countries in Europe and around the world. Many platforms and technology companies have also concentrated in Portugal, attracted by the availability of talent,” Ronni Zehavi explains.

Expectations are “high” both from a talent market point of view and the “technology scenario”. “We see that the technological scenario is on the rise and that it will generate startups, scaleups and unicorns,” states the CEO.

Meanwhile, economist and entrepreneur João Ferro Rodrigues will be the managing director and will control the operation in the country and manage a team of specialists. João Ferro Rodrigues will focus on attracting the best tech operators in Europe to build a solid research & development centre that will support HiBob’s global work.

When asked about the amount of investment in Portugal, Ronni Zehavi only revealed that “several million euros are involved, including salaries, office costs and local suppliers, during the next few years”.