Drillcon Iberia S.A. is the Portuguese-based subsidiary of Drillcon AB, the Swedish drilling-services group listed on Nasdaq First North Premier. Headquartered in Braga, it performs raise boring and core drilling across the Iberian Peninsula — including a renewed raise-boring contract at the Neves-Corvo mine worth SEK 90–100 million that runs to February 2027.
Drillcon Iberia is the group’s Iberian workhorse: from its head office in Braga it runs raise boring for mining and civil construction and core drilling for exploration and geotechnical purposes, with the Iberian Peninsula as its main market. In April 2025 the group announced a renewed raise-boring contract at Neves-Corvo — Portugal’s largest mine, operated by Boliden’s Somincor — covering roughly two years of production work through February 2027 and worth approximately SEK 90–100 million.
The parent, Drillcon AB of Nora, Sweden, is listed on Nasdaq First North Premier in Stockholm and has drilled in Portugal for decades, making it one of the longest-standing Swedish industrial-services operators in the country.
Drillcon completes the Swedish mining ecosystem around the Alentejo: Boliden owns the mine, Sandvik and Epiroc supply the equipment, and Drillcon Iberia drills the shafts and exploration cores — a full Nordic value chain operating on Portuguese ground.
Fractio helps Nordic companies build the Portuguese relationships, references and operational footprint they need to succeed in Portugal.
Talk to Fractio →