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VTM Global

VTM Global is an independent Iberian transport consultancy founded in 1982, advising governments, operators and investors across road, rail, air and maritime transport worldwide.

Last updated September 29, 2026

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Overview

VTM Global is a transport-sector consultancy headquartered in Linda-a-Velha, Portugal, and one of the oldest specialist transport consultancy firms in Iberia. Founded in 1982, the firm began as a small local practice serving clients in the Lisbon Metropolitan Area with transport planning and traffic engineering services. Over four decades it has grown into a firm with a global reach, maintaining offices in Lisbon, Madrid and Milan and delivering consultancy across all transport modes to clients around the world. The firm positions itself as a boutique advisory house. Its stated mission is to help clients make knowledgeable, successful decisions in the transport sector, with a permanent focus on short-, medium- and long-term success. VTM emphasises independence, competence, confidentiality, commitment to client needs and the individual and professional development of its team. Its professionals hold post-graduate qualifications and are described as technical references in the market, and the firm markets a tailor-made, flexible approach suited to each client's needs and expectations. VTM's client base spans central and local governments, public companies, regulators, infrastructure and service operators, project sponsors, equity investors and financing banks, multilateral agencies, development banks and the European Commission. Its work covers road, rail, air and maritime transport, including airports and aviation. Documented engagements include the LIFE MOONSET project in Portugal, focused on a more sustainable and efficient transport system, and a demand and revenue study in Chile supporting Sacyr's bid for the Red Aeroportuaria Norte concession, encompassing Andrés Sabella Airport in Antofagasta and Desierto de Atacama Airport in Copiapó. VTM operates as a private, independent advisory firm rather than as part of a large engineering group, and it publishes a capability statement summarising its international experience by industry sector. Its contact points are in Portugal, Spain and Italy, reflecting its Iberian base and European reach, while its project portfolio extends into the Americas and Africa.

History

VTM was founded in 1982 and is described by the firm as one of the oldest transport specialist consultancy firms in Iberia. Its founding partners established a set of core values — independence, competence, confidentiality, commitment to client needs, and the individual and professional development of team members — that the company says remain present in its daily life. In its early years VTM operated as a small local firm providing transport planning and traffic engineering services to clients in the Lisbon Metropolitan Area. Over the following four decades it evolved into a firm with global reach, opening offices in Lisbon, Madrid and Milan and providing consultancy services across all transport modes to clients with multiple profiles around the world. Over the last 20 years, a significant part of VTM's activity has centred on matters related to the position and operation of infrastructures and transport services across different countries of Europe, the Americas and Africa. Its clients have included central and local governments, public companies, regulators, infrastructure and service operators, project sponsors, equity investors and financing banks, multilateral agencies, development banks and the European Commission. The firm's portfolio spans road, rail, air and maritime transport. Documented engagements include work in Portugal on the LIFE MOONSET project, reflecting a long-standing commitment to a more sustainable and efficient transport system, and work in Chile, where VTM was selected to support Sacyr in preparing information to bid on the public tender for the Red Aeroportuaria Norte concession, covering Andrés Sabella Airport in Antofagasta and Desierto de Atacama Airport in Copiapó. VTM continues to operate as an independent boutique advisory firm with contact points in Portugal, Spain and Italy.

  • 1982

    VTM is founded, becoming one of the oldest transport specialist consultancy firms in Iberia.

  • VTM evolves from a small local firm serving the Lisbon Metropolitan Area into a firm with offices in Lisbon, Madrid and Milan and global reach.

  • Over the last 20 years, VTM focuses a significant part of its activity on the position and operation of infrastructures and transport services across Europe, the Americas and Africa.

  • VTM contributes to Portugal's LIFE MOONSET project on a more sustainable and efficient transport system.

  • VTM is selected to support Sacyr in preparing information to bid on Chile's Red Aeroportuaria Norte concession.

Products and positioning

Independent boutique advisory firm specialising in transport, combining four decades of multimodal expertise with a tailor-made, client-focused approach.

  • Transport planning and traffic engineering

    The firm's original service line, provided to clients in the Lisbon Metropolitan Area and now internationally.

  • Multimodal transport consultancy

    Advisory across road, rail, air and maritime transport, drawing on over four decades of experience.

  • Airports and aviation advisory

    Studies and advisory for airport concessions and aviation infrastructure, including demand and revenue studies.

  • Infrastructure and service operation advisory

    Support on the position and operation of infrastructures and transport services for governments, operators and investors.

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