Portugal’s largest private luxury real estate developer Vanguard has invested €40 million in a luxury residential development in Lisbon’s Graça neighbourhood. The Terraços do Monte “will be one [...]
The technology startup Oscar, which has developed a home services app, plans to widen its activity in Portugal to Braga, Leiria and Aveiro. The Portuguese company headed by Francisco Formigal [...]
Portugal’s development bank Banco de Fomento saw profits of €27.8 million last year, well above the €3 million for 2022. The bank’s development made a strong contribution to the bank’s product [...]
Portugal has been selected as one of the possible countries suitable for the expansion plans of European Energy, a Danish company that manufactures green methanol, according to the business daily [...]
EDP has inaugurated its first renewable energy project in Chile. The Punta de Talca Eolic wind farm is in the Ovalle District in the north of the country. The park has 14 Eolic wind turbines with [...]
Portuguese bank Novobanco has sold a 40% stake in the Portuguese transport concession company Lineas Concessões de Transportes for “well over the book value” of €52.6 million. The [...]
Portugal’s GDP grew 1.5% in Q1 of this year after having increased 2.1% in the previous quarter according to the National Statistics Institute (INE). It states that internal demand fell 0.9% from [...]
The property consultant Cushman & Wakefield is to take over the management of the Jardins Sottomayor portfolio in Portugal. The company will manage several assets totalling 35,000m2 located [...]
The Portuguese government will have to pay €228 million to compensate investments made by energy giant EDP over a dam project that was cancelled. And worse is that the cancellation made by the [...]
The company that manages Portugal’s 11 main airports, ANA – Aeroportos de Portugal, posted a net profit of €416.7 million for 2023. The result exceeded the €333.9 million in profits from [...]
