The logistics company Garland is to expand its activity with a new state-of-the-art logistics centre in Gaia near Porto. The new centre is expected to up business turnover by around 40%, create [...]
In just six years of Portugal’s socialist PS government, the amount of people employed by the State has ballooned to a new all-time high. According to Expresso’s ‘Economia’ the country has [...]
When in October 2019 Rita Marques was offered the outwardly glamorous post of what is perhaps one of the Portuguese government’s most sought after top jobs, secretary of State for tourism, it [...]
Portugal’s second city Porto and the north of the country are seeing a gradual return of tourism. The take-up rate at tourism developments and hotels currently stands at around 50%, well above [...]
The former CEO of TAP, Antonoaldo Neves has launched a tourism startup, P2D Travel. It is a kind of travel agency that draws on influencers and social network users to sell holiday trips and [...]
The Portuguese hydrocarbons energy company Galp has announced to the markets that it has begun oil and gas exploration off the coast of Rio de Janeiro in Brazil. A company statement reads, “Galp [...]
The Portuguese Government has selected five candidates for the second phase in the privatisation of Efacec. However, only two have made binding offers and given the nature of the offers, the [...]
The Irish low-cost airline Ryanair announced on Tuesday that it would launch 26 new routes from Lisbon, Porto and Faro to destinations like Malta, Palermo and Agadir from November. It will be the [...]
GreenVolt shares are changing hands at just over €5 per share for the first time since the renewables energy company was launched on the Lisbon stock market. The shares from the company managed [...]
Portugal will today get 1.960 million units in Special Drawing Rights (SDR) worth around €2.3Bn in a proportional distribution of its share in the International Monetary Fund (IMF). According to [...]