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The Portuguese digital health startup Tonic App has raised €10.85 million in a new Series A investment round. The amount raised will permit the company to reinforce its investment in AI and allow [...]

Renewables energy company Greenvolt posted a net result of €1.2 million for 2023, a fall of 92.9% according to a note sent to the Portuguese securities market commission CMVM this week. The [...]

The CEO of Caixa Geral de Depósitos, Paulo Macedo said this week that if the public bank were to be privatised, it would immediately fall into the hands of overseas shareholders because Portugal [...]

Portugal comes in at 18th position in terms of the latest EU countries purchasing power ranking — 17% below the EU average. Luxembourg topped the list with the highest purchasing power, 140% [...]

Statistics from the Century 21 group of estate agencies have confirmed that only 5% of properties on the Lisbon housing market and 11% in Porto are affordable for the middle classes. This is [...]

TAP posted a record net profit of €177.3 million — the highest profit ever registered by the company. Profits were up €111.7 million on 2022 when the company posted €65.6 million; its first [...]

The Irish-Portuguese Business Network (IPBN) held its 5th edition of its Annual St Patrick’s Day Sustainability Conference at the Chamber of Commerce & Industry of Portugal (CCIP) in Lisbon [...]

For the first time since 2019, the Moving to Portugal Show & Seminars is returning to Dublin, with the support of the Ireland Portugal Business Network (IPBN). Taking place at the Herbert [...]

The government net surplus achieved by the outgoing minister of Finance, Fernando Medina in 2023 was 1.2% of GDP according to the National Statistics Institute. (INE) Portugal’s public debt has [...]

The Portuguese transport and electrical systems company EFACEC is to close down business areas that are not profitable and consider mass redundancies. The company was sold by the government in [...]