0-holding-porto-portugal-travel-guide Excellence Prize 2014

Excellence Award 2014


CM Borges was distinguished by the Portuguese Government with the status of SME Excellence 2014 in a ceremony held on 26 January at the Europarque in Santa Maria da Feira.

Across the country, the status of SME Excellence in 2014 was awarded to 1845 companies, 67% more than the previous edition. Most of these units (51%) is in the North.

This is a distinction created by IAPMEI to reward the best business performance in various sectors of activity. Has a partnership with Tourism of Portugal and a set of nine banks.

Companies succeeded in 2013 financial results well above the national average. Based on this year are assigned the 2014 awards.

Only in sales – according to data Mad Money – SMEs awarded rose 15% on average over the previous year (the national average was 1%). In exports, the increase was 16% (against 6.4%). EBITDA increased 28% (12% in the rest of the companies). The financial autonomy of distinguished reached 54.5% (30% in the country’s average).

Who are they?

The universe of SME Excellence consists of exporters (60%), employ 38 workers, on average, and are located in the Port of districts (at the top), Lisbon, Aveiro and Braga. Are, above all, the industry sector (36%), but also of trade (29%) and tourism (13%), among others.

In the particular case of industry, the Aveiro-Porto-Braga axis concentrates more than 64% of the awarded companies. In the trade and construction is the Port in the lead of each segment. Lisbon is distinguished in the transport industry, services and tourism.

Even by sectors, it is the industry the primacy of employment, SMEs distinguished to have an average of 49 employees. Trade is the sector with higher productivity, with close to 250,000 euros of sales per employee.

Denim History

Denim Origin

Denim is a sturdy cotton twill textile in which the weft passes under two or more warp threads. This twill weaving produces the familiar diagonal ribbing of the denim that distinguishes it from cotton duck.

It is a characteristic of most indigo denim that only the warp threads are dyed, where as the weft threads remain plain white. As a result of the warp-faced twill weaving, one side of the textile then shows the blue warp threads and the other side shows the white weft threads. This is why blue jeans are white on the inside. The indigo dyeing process, in which the core of the warp threads remain white, creates denim’s fading characteristics, which are unique compared to every other textile.

Etymology and origin

The word “denim” comes from the name of a fabric that was first made in the city of Nîmes, France, by the André family. It was originally called serge de Nîmes but the name was soon shortened to “denim.”

Denim has been used in the United States since the late 18th century.

Denim was traditionally colored blue with indigo dye to make blue jeans, although “jean” formerly denoted a different, lighter, cotton fabric. The contemporary use of the word “jean” comes from the French word for Genoa, Italy (Gênes), where the first denim trousers were made.

The following table shows where the world’s denim mills are located.


No. of Denim Mills





Asia (excluding Pakistan & China)


North America




Latin America






Total Denim Mills (world-wide)



cm borges

Visit Oporto

Cm Borges is located at 10 mnts from international airport and 20 mts from Oporto that is the second-largest city in Portugal, afterLisbon, and one of the major urban areas in Southern Europe and the capital of the second major great urban area in Portugal.The urban area of Porto, which extends beyond the administrative limits of the city, has a population of 1.3 million in an area of 389 km2, making it the second-largest urban area in Portugal. The Porto Metropolitan Area includes an estimated 2 million people. It is recognized as a Gamma- level global city by the Globalization and World Cities (GaWC) Study Group,being one of five cities on the Iberian Peninsula with global city status, (the others being Madrid, Barcelona, Lisbon and Valencia).

Located along the Douro river estuary in northern Portugal, Porto is one of the oldest European centres, and registered as a World Heritage Site by UNESCO in 1996. Its settlement dates back many centuries, when it was an outpost of the Roman Empire. Its Latinname, Portus Cale, has been referred to as the origin for the name “Portugal”, based on transliteration and oral evolution fromLatin. In Portuguese the name of the city is spelled with a definite article as “o Porto” (English: the port). Consequently, its English name evolved from a misinterpretation of the oral pronunciation and referred to as “Oporto” in modern literature and by many speakers.

One of Portugal’s internationally famous exports, port wine, is named for Porto, since the metropolitan area, and in particular theadegas of Vila Nova de Gaia, were responsible for the production and export of the fortified wine. The Porto region is also a major producer of cork.