Solverde - Sociedade de Investimentos Turísticos da Costa Verde, S.A. with its headquarters located on the beachfront, in the resort town of Espinho, lies just 17 kilometers south of the historic city of Oporto, home to the famous Port wine.
Founded in 1972, the Solverde Group consists of four casinos, two five-star hotels, and one aparthotel. These hotels and casinos are located in both the Algarve and Espinho regions.

Company revenue went from the PTE 6 billion mark in 1995 to 9.5 billion in 1996, going to the11 billion mark  in 1997. In 1998, the company’s sales reached 12.7 billion. In 1999, sales surpassed 14.6 billion, a 14.8% increase from 1998. This growth is, in part, due to the recent acquisition of the Hotel Algarve on the Praia de Rocha coastline and the award of the gambling concessions for the Algarve Casinos in Vilamoura, Praia de Rocha, and Montegordo. But this success story can also be attributed to the dynamic drive of one of Portugal's leading family enterprises - the Violas, who control the Solverde Group. They are also the owners of the largest Portuguese producer of synthetic textiles - Cotesi, S.A.