After 27 years working in the audiovisual sector and serving major events, Portugal-based Europalco has announced a new phase of expansion with its transformation into a group of companies: the Empowerment Ecosystem. This strategic move, management says, aims “to consolidate Europalco as the central brand of a dynamic ecosystem, with new companies strengthening its portfolio: New Audiovisuais, Rise, and Av Tech”.
Europalco is aiming to create synergies between entities that bring their own legacy and identity, but now operate in an integrated way. The Empowerment Ecosystem group of companies is designed to be a collaborative system and Portugal’s largest audiovisual ecosystem.
At the heart of this new system is Europalco, which will drive the expansion of its companies.“The creation of the Empowerment Ecosystem is a natural step in Europalco’s evolution. We believe the synergies between New Audiovisuais, Rise, and Av Tech, backed by Europalco’s expertise, will ensure sustainable growth while reinforcing our commitment to talent and innovation in the audiovisual sector,” says Pedro Magalhães, CEO of Europalco.
This ecosystem will respect the individual legacy of each company while aligning them with a shared vision, management believes.
By joining forces with the new companies, Europalco hopes to foster the union of talent from across the country, creating a network of expertise that will continue to attract and retain top professionals in the market.
“The transformation of Europalco into an ecosystem of companies brings new energy to the audiovisual market in Portugal. More than a group of companies, we are a living and dynamic system where people’s talent plays a central role in our strategy for growth and innovation,” adds Pedro Magalhães.
