Greenvolt posted a €2.7 million loss for Q1 of 2024 but promises that its business and profitability will significantly improve throughout the year. The company, led by João Manso Neto blamed [...]
The Bank of Portugal’s warning that government spending plans could derail the country’s public finances seems to be correct if figures for Q1 public spending are anything to go by. Portugal [...]
Portugal’s communications and postal service regulator Anacom has called on the government to “force” postal company CTT to improve its postal services. CTT, run privately under government [...]
Portugal’s former Prime Minister, António Costa has been given the green light to take up the post of President of the European Council. He will join Ursula von der Leyen as head of the European [...]
The number of American tourists holidaying in Portugal rose 16% in the first four months of the year while revenues from tourists overall are up 10% to €1.4Bn according to Portugal’s National [...]
The 9th edition of the AmCham Tributes Gala will be held tomorrow (25 June) at the Pestana Palace Hotel. The event will be presided over by the Minister of the Presidency, Dr. António Leitão [...]
The Portuguese real estate investment fund and management company Vila dos Números is preparing to float on Lisbon’s stock market, Euronext Lisbon this week by issuing 50,000 direct shares at an [...]
Indico Capital Partners has led a €6.3 million investment round in Fossa Systems which plans to launch nano satellites. The Spanish startup opened a R&D centre in Portugal at the end of 2023 [...]
Importers of goods produced by a manufacturer of paper bags and packaging in Santo Tirso, Portugal are now facing an upfront import duty tax of 6.14% after US import enforcers accused the company [...]
The Bank of Portugal expects that from January next year banks will no longer be charging customers for bank transfers. It has to do with a new EU regulation that will come into force on 9 [...]
