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Cork giant Corticeira Amorim announced on Wednesday that it would close its factory Amorim Cork Solutions in Silves. The 31 employees have been informed and given the opportunity to move 200km to [...]

A Doha-based education group, Artemis Education, has earmarked €75 million to open The Lisboan International School which will open in September at the former Massas d’A Napolitana factory in [...]

Portugal’s paper producer The Navigator Company saw profits tumble by 25% to post a net result of €48.3 million. In the first quarter of 2024 the company had made a net profit of €64 million. [...]

Portugal’s telecoms company NOS – which is held by Sonae – has begun a major restructuring process that will involve a round of redundancies. Some staff had been informed this week [...]

The first publications on social media suggesting that the electricity power cut that left the Iberian peninsula in the dark on April 28 may have been caused by a Russian cyberattack, originated [...]

Text: Chris Graeme; Photos: Colorshop One Portuguese renewables company that undoubtedly is at the heart of fulfilling Portugal’s National Energy Climate Plan 2030 is Greenvolt. Founded in 2021 [...]

Coimbra-based cybersecurity startup Ethiack has won new clients in the insurance and financial sectors including Ifthepay, Lusitania and Coverflex. These new clients in the financial sector join [...]

Tekever, which is supplying drones to support Ukraine in defending itself against Russia’s war, has become Portugal’s seventh unicorn after being valued at £1Bn (€1.2Bn) following a new round of [...]

Portugal’s cork giant Corticeira Amorim posted profits of €16.4 million in 1Q of 2025, representing an increase of 2.1% in like-for-like terms on 2023. The company led by António Rios de Amorim [...]

Portugal’s power grid network management company REN has partially lifted a suspension on electricity imports from neighboring Spain, known to be the origin if the not the root cause of a [...]