Nordic presence in Portugal

Mercuri Urval

Executive Search (Lisbon)

Mercuri Urval is a Swedish-founded executive search and leadership advisory firm, set up in 1967 by Håkan Ericsson and run from its Stockholm head office; since 2016 it has been owned by the Mercuri Urval foundation together with partners. In Portugal it operates through Mercuri Urval, S.A., incorporated in Lisbon in March 2012.

OriginSweden
HQStockholm
Founded1967, by Håkan Ericsson
OwnershipMercuri Urval foundation together with partners (since 2016)
ActivityExecutive search, leadership assessment and advisory
PT entityMercuri Urval, S.A. — NIF 510147046 — Avenida Eng. Arantes e Oliveira 5, R/C A, 1900-221 Lisboa; incorporated 20 March 2012; share capital €50,000; CAE 78100
Also registeredMercuri Urval, S.A. – Sucursal em Portugal (branch of the group’s Spanish company) — NIF 980125936 — Porto Salvo, Oeiras
Target marketPortugal

Corridor footprint

Mercuri Urval was founded in Sweden in 1967 by Håkan Ericsson and grew into an international recruitment and leadership-advisory firm run from Stockholm. Since 2016 it has been owned by the Mercuri Urval foundation together with the firm’s partners.

Its Portuguese company, Mercuri Urval, S.A. (NIF 510147046), was incorporated on 20 March 2012 with share capital of €50,000 and is registered under CAE 78100 for the recruitment, selection and consultancy of executive, managerial, administrative, technical and operational staff; the Lisbon office at Avenida Eng. Arantes e Oliveira is listed on the group’s Portuguese website. An earlier permanent representation of the group’s Spanish company, Mercuri Urval, S.A. – Sucursal em Portugal (NIF 980125936), is registered in Porto Salvo, Oeiras.

Why this matters for the corridor

Nordic companies entering Portugal usually need a country manager before they need an office, and executive search firms with Nordic roots are one of the ways that first hire gets made. Mercuri Urval’s Lisbon company gives Swedish and other Nordic clients a search partner with a Scandinavian heritage on the ground in Portugal — and gives Portuguese executives a route into Nordic-owned employers.

Recent activity

NorthSouth HQ added Mercuri Urval to its Nordics → Portugal directory on 29 September 2026. For Nordic companies planning a Portuguese set-up, see Doing Business in Portugal: the guide for Nordic companies.

Know this company? If you have verified information about its corridor activity, email miguel@fractio.se and we’ll update this page.

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