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TRACER AI Inagurated in Madeira

Miguel Albuquerque has presided over the inauguration of the TRACER AI Europe facilities. The company is operating from the Porta da Cruz Civic Centre.

Founded in 2022, the company is dedicated to consulting and business management, supporting the creation, expansion, and modernisation of businesses at an international level, in addition to operating in the real estate, tourism, commercial, and engineering sectors.

TRACER AI Europe, formerly known as MADPOWER, Lda., thus consolidates its activity in the Region. The company was previously located in Santa Cruz.

The installation in the Civic Centre is the result of a public auction promoted in November 2025 by the Regional Directorate of Heritage, which awarded the lease of floors 1 and 2 of the building for 7,250 euros per month.

The Regional Government considers that the company’s presence will contribute to the economic and social dynamism of Porto da Cruz and the Region.

Samantha Gannon

info at madeira-weekly.com

Photo: DN

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