The sports retail chain Decathlon closed 2023 with profits of €931 million, an increase of 0.8% on the €923 million posted for 2022. The sports articles retailer enjoyed a business turnover of [...]
MC, a Sonae company, sold 22 Dr. Wells clinics to Lusíadas Saúde for €4.68 million according to the group led by Cláudia Azevedo in its annual report for 2023. According to the company’s [...]
Norges Bank, which runs Norway’s sovereign fund, informed the Portuguese energy giant EDP that it had “reduced its capital share” in the electricity and renewables company to 4.9% along with [...]
The Bank of Portugal is to give the green light for the sale of the Banco Atlântico Europa to the Well Link group headquartered in Hong Kong. In anticipation for the sale, which was previously [...]
The profitability of Portuguese companies fell to 9% in the last quarter of 2023 while their financial independence achieved record levels according to figures from the Bank of Portugal. [...]
Over the Easter period, between 25-31 March, the total turnover of credit card transactions in Portugal from overseas cards represented 26% of total credit card transactions nationwide. Spain and [...]
Startup Portugal has announced the launch of its latest programme ‘Start Now, Cry Later’, a programme that aims to involve Portuguese universities in the startup community and help students with [...]
Recently, a successful artist friend of mine was sat in a popular Portuguese restaurant near Praça das Flores in Lisbon with five American friends, all of whom had successfully relocated to [...]
A report by international estate agents Berkshire Hathaway HomeServices has found that the average price of residential properties in Portugal went up 10% in 2023 while sales fell 25%. The report [...]
Pedro Reis, the man who used to head Portugal’s overseas investment bureau AICEP Portugal Global has been officially sworn in as the AD coalition government’s new Minister of the Economy. At the [...]
