Round Hill Capital has invested €200 million in the acquisition of Smart Studios. The investment involves the purchase of properties with 2,000 student beds spread over nine sites in Lisbon and [...]

Portugal’s electrical energy giant EDP saw profits tumble 11% in H1 to €306 million worldwide, while losing €111 million in Portugal. EDP’s Net Profit reached €306m in H1 2022, a decrease [...]

The Sonae Group posted the net result of €118 million and sales of €3.4Bn to June. In terms of the €62 million net result reported for H1 2021, this year’s result represented an 89% increase on [...]

Portugal’s economy contracted by 0.2% in the second quarter of this year. This followed growth of 2.6% in the first quarter of 2022. The figures released by the National Statistics Institute [...]

Portugal’s inflation rate hit 9.1% in July according to the country’s National Statistics Institute. (INE) It was the greatest like-for-like price variation since November 1992. However, the [...]

A final decision on the site and starting date for works on Lisbon’s new international airport is at least a year away. This is because it will take a year to complete a new environmental impact [...]

EDPR sees profits soar 87% EDP’s subsidiary renewables arm EDPR (EDP Renováveis) saw profits soar 87% to €265 million in the first half of the year. This compares to profits of €142 million [...]

Essential went in search of the flavours inspired by Portugality and the Portuguese Discoveries and found them in the charming medieval town of Amarante. Text: Chris Graeme Photos: supplied It is [...]

Cloud management solutions company Cegid and business management software company Grupo Primavera have announced that they will merge on the Iberian peninsula. The announcement on Tuesday of the [...]

Portuguese food retail giant Jerónimo Martins which owns the Pingo Doce chain of supermarkets has reported €261 million in profits for H1. The grocers, that also has retail food business [...]