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The Portuguese Government’s attempts to sell the electrical infrastructure and transport systems company Efacec has fallen through. It had nationalised the company 27 months ago and sealed a deal [...]

Portugal’s energy giant posted a slight increase of 1.5% in profits to €518 million by September. While its operations in Portugal suffered a €181 million loss, the electricity company posted the [...]

Portugal ’s exports market is doing better than ever, now representing 49% of the country’s GDP. The Minister of the Economy, António Costa e Silva, said on Thursday that Portugal’s exports would [...]

The Estoril real estate agency, Brightman Group Real Estate, has won the award of ‘Best Luxury Independent Real Estate Agency in Portugal’ for 2022. New York based Luxury Lifestyle [...]

The Resolution Fund, which was set up in 2014 to ensure several banks, including Novobanco were sufficiently capitalised, has paved the way for the State to increase its capital share in [...]

The Portuguese paper-making giant Navigator registered a growth of 63% in sales for the first nine months of the year, to €1.8Bn, boosted by the increase in the price of paper pulp. The net [...]

The Council of Public Finances (CFP), an independent public spending watchdog led by Nazaré da Costa Cabral, foresees a debt and deficit higher than government forecasts. The CFP states in a [...]

The recent galloping increases in residential house prices in the Lisbon area appears to be slowing according to data for the second quarter released this week. The cooling down was seen in seven [...]

The former majority shareholder in airline TAP, David Neeleman, has asked the Portuguese government stop using the airline as a political “weapon”. Instead, the entrepreneur who owns JetBlue said [...]

Developer Jeffrey E. Levine is an extraordinarily successful entrepreneur in New York, one of the most difficult and competitive real estate markets in the world. He started with nothing and [...]