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Large Portuguese companies are increasingly taking advantage of acquisitions abroad launching public acquisition offers for companies in other countries. In recent months companies like Sonae, [...]

Bankruptcies in Portugal’s fashion and textile sector doubled in Q1 of 2024 as the country’s garment and shoe manufacturers are being held hostage to negative geopolitical and overseas commercial [...]

Nestlé Portugal lost market share on its own brands last year falling from 33.5% to 32%. According to the company’s CEO Anna Lenz, this fall was partly down to the overall economic situation, [...]

The Portuguese media group Medialivre, which has the newspaper Correio de Manhã and CMTV, is to launch a new news channel. According to TV commentator, lawyer and former PSD party leader Luís [...]

A Russian-born Kazakhstani entrepreneur says he is interested in acquiring a small Portuguese bank to increase his company’s portfolio profile in Europe. Timur Turlov, 36, the CEO of Freedom [...]

The boss of a Portuguese renewable energy association says pledges by the previous government to hold an auction to sell offshore wind farm exploration rights by June are “unrealistic”. Pedro [...]

The Council of Ministers of Portugal’s new centre-right coalition government says it is “true and undeniable” that it will fulfil its election pledge to shave €1.5Bn off IRS taxes compared to [...]

A Portuguese construction association boss says the country needs 45,000 new build houses to solve Portugal’s chronic affordable housing shortage. The President of the Association of Civil [...]

Portugal’s new Minister for Housing, Miguel Pinto Luz, says he is “completely calm” after police searches at Cascais Town Hall where he had been deputy mayor. Pinto Luz said had been in public [...]

Balbec Capital LP purchased a Non-Performing Loan portfolio from LX Partners at the end of March with a value of €4.2Bn, of which €4Bn are unsecured loans and €200 million refers to secured loans [...]