Sovos recruits more than 100 professionals to operate in Portugal

The North American company Sovos will hire more than 100 professionals to strengthen the operation in Portugal. The tax software provider acquired Portuguese companies Saphety and Peta Pilot last summer and, now that the process of merging the two national companies is coming to an end, it aims to double the national team by 2023 .

In Dinheiro Vivo, James Buckley, managing director of Sovos in Europe, explains that Portugal is adding “more scale” to the global operation in Europe, where the multinational is “trying to consolidate and develop” its activities. For this, it is necessary to strengthen the collaborators. “We will at least double the team with more than a hundred new positions. We are now a hundred and we will be more than 200 in the next 12 months”, reveals James Buckley.

With offices in Lisbon and Porto, Sovos already has around 40 vacancies, among others, for software engineers, analysts, developers, compliance services specialists, customer support or project managers.

The boss of Sovos underlines that Portugal is an “attractive country” to invest, where professionals are “polyglot, particularly at ease in English and well trained academically”. In the case of the acquisitions of Saphety and Peta Pilot, there is the advantage for the North American of having access to “management and infrastructure talents”.

Portugal will be a hub in Europe

Sovos’ idea for Portugal is to make the national operation a hub for business in Europe. James Buckley mentions that the tax software provider already has “a big operation” in Turkey and the UK.

“And in Portugal we want to centralize the operation as much as possible towards the customer and any product development for Europe can be done here,” he says, noting that Sovos also has this capability in Sweden and Turkey. Portugal will be the next country to have this function. “These will be the three development centers in Europe,” he adds.

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