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flag Alcobre, Portugal’s historic cable maker, expanded amid a Chinese-backed revival that boosted profits, jobs, and high-voltage tech.

flag Alcobre, Portugal’s century-old cable maker, opened a new production unit to mark its 115th anniversary, part of a revitalization fueled by a 2016 Chinese investment from Hengtong Group. flag The partnership has tripled revenue, more than doubled net profit, and enabled expansion into high-voltage markets through a new OPGW line. flag Advanced automation and energy-efficient machinery have boosted productivity, while local employment rose 25% and plans call for nearly 100 new jobs by 2030. flag Portuguese officials and China’s ambassador praised the investment for boosting economic growth, modernizing industry, and strengthening bilateral ties.

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