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Lidl launched on Tuesday the symbolic ‘foundation stone’ of its new warehouse depot in Loures. The depot represents an investment of €110 million euros and will create 200 jobs. The ceremony was [...]

Portuguese companies have a new fund to boost the Blue Economy. Fundo Crescimento Azul which was launched on Monday is the first created on the back of the new instrument InvestEU for the Blue [...]

The Paulo Duarte logistics group ended 2022 with a €120 million turnover — double the amount posted in 2021. €69 million of this amount is attributed to the parent company in the group, [...]

Bright Pixel Capital, the venture capital investment arm of Portuguese group Sonae, has led a €20 million investment round in Picnic – the first automised platform for the prevention of [...]

Blackstone invested €350 million in logistics in the Portuguese market last year after acquiring a portfolio of 20 assets in May from the fund GNB Real Estate from Novo Banco, for €208 million. [...]

The Portuguese hotel group DHM closed 2022 with a record turnover of €75 million. DHM (Discovery Hotel Management) which is held by the fund Discovery saw turnover up 36% on 2019 and forecasts [...]

The seasoned politician and former prime minister Pedro Santana Lopes says that Portugal has largely survived on European Union handouts. But with the geopolitical landscape changing he asks how [...]

The low-cost airline easyJet says that it has “absolutely no plan” of action regarding the privatisation of Portugal’s State-owned carrier TAP, but has admitted that it is “open to opportunities” [...]

A Portuguese resorts association is the latest to come out on the attack against the Portuguese Government’s ‘More Housing’ policy. The APR (Portuguese Association of Residential Tourism and [...]

The Government’s decision to slash VAT on essential food items to ease the cost of living crisis will not be enough to reduce the price of meals served in the restaurant and hotel sectors. The [...]