Portuguese technology consultancy Reditus finally published its annual results for 2022 on Tuesday. A string of delays in publishing the results – the company has recorded a €8.7 million [...]
Portugal has hit a 75-year record of €908 million for its trade surplus for the first half of 2024 according to data from the Bank of Portugal (BoP). Since January, the balance of goods and [...]
The port of Lisbon handled 5.507 million tonnes of goods in the first half of this year, a slight growth of 0.20% year-on-year, according to a statement from the company. The Port of Lisbon [...]
The stock of foreign direct investment in Portugal rose to €183.9Bn in the 2nd quarter of 2024. Portugal’s direct investment abroad also increased to €67.6Bn. The FDI hit a new historic [...]
Portuguese construction company Martifer saw profits up 26% to €11.5 million in the first half of 2024 on the back of fat order books. The Oliveira de Frades-based group achieved an operating [...]
The CEO of Dazn Portugal, a branch of the UK-based on-demand sports streaming service, Jorge Pavão de Sousa, says that negotiations with Digi, an electronic services operator in Europe, with [...]
The number of startups that failed increased by more than 60% last year in the United States, with founders running out of capital raised in the years of the 2021-2022 tech boom, putting millions [...]
Eight out of 10 luxury properties sold in Portugal are in Lisbon, Porto and Faro according to the online property portal Idealista. According to Idealista it has over 12,000 homes priced at over [...]
The Competition Authority (AdC) has decided not to oppose the purchase of Centro Comercial Torreshopping by the Iberia I Shopping Malls Fund, it said in a statement on its website. The authority [...]
The Bank of Portugal is looking into the possibility of charges levied on MB Way transfers and their respective impacts on consumers. It comes after the consumer watchdog Deco warned of the risk [...]
