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Portuguese airline TAP is now 100% state owned after the State injected €1.736Bn into the company. The Government made a fresh capital increase in TAP, with an injection of €536 million and a [...]

Portugal’s mutualist bank Montepio has sold its total capital share in Montepio Valor to the Associação Mutualista Montepio Geral for €3.7 million. The impact on the bank’s accounts and capital [...]

Portugal’s Planning minister, Nelson de Souza, said this week that there are no fixed rules limiting projects that can be approved for financing from EU funding – Portugal2020. Speaking on [...]

The South Korean renewable energy company CS Wind ASM, which specialises in eolic wind turbines is to invest €260 million to 2025 at its factory in Ílhavo where it has a 200 metre private [...]

The bank Santander is to sell the former headquarters of the defunct bank Banco Popular in Lisbon to the Spanish group Incus Capital for around €50 million. According to the newspaper Negócios, [...]

The Portuguese Agency of the Treasury and Public Debt Management (IGCP) is not an institution that is in the limelight for most Portuguese, yet it has a vital task is raising around €15Bn a year [...]

A World Travel and Tourism Council study into a lack of staff in the sector has revealed that Portugal has a shortfall of 85,000 up and down the country. The WTTC numbers, which represent the [...]

Icade Santé and Icade Healthcare Europe from the French group Icade, has purchased the health fund Saudeinveste from Portuguese insurer Fidelidade for €200 million. Saudeinveste has a portfolio [...]

Portuguese airline TAP is to receive up to €1.7Bn from the government following the EU’s decision to approve a restructuring plan and the emergency loan. In addition to the €536 million that it [...]

Altice Portugal is to sell more of its telecommunications antenna towers to Spanish company Cellnex Telecom, Europe’s largest operator of wireless telecommunications infrastructures. The fresh [...]