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The Portuguese transport and electrical systems company EFACEC is to close down business areas that are not profitable and consider mass redundancies. The company was sold by the government in [...]

Portugal’s Democratic Alliance (AD), which won the general election a week ago on Sunday, says it does not oppose the transfer of several government departments and ministries to the premises [...]

Portugal’s Public Ministry has revoked a licence awarded by the Portuguese Environmental Agency (APA) for the construction of the largest solar park in Europe in the country’s Alentejo region. [...]

New build properties €500,000 minimum in Lisbon as property market slows “Buyers outside the European Union (EU) are inflating house prices who pay an average €405,000 compared to EU overseas [...]

Figures from Portugal’s national statistics institute (INE) reveal that the number of overnight stays by Irish visitors in Portugal has increased by 97.8% in 10 years, from 1,104,749 in 2013 to [...]

There is a discrepancy of 30% between the cost of actual rents in Lisbon and the amount that tenants think they’ll have to pay. The average price o rent an apartment in the capital has soared to [...]

Novobanco Espanhã will not have to shell out millions in compensation to small investors who ploughed their life’s savings into Banco Espírito Santo bonds and lost everything when the bank [...]

Paper paste producer Altri posted a €42.8 million net profit for 2023, a fall of 71.9% on the €152.5 million in 2022. In a communiqué sent to the CMVM on Thursday the company said that total [...]

Portugal’s paper giant Navigator has launched a Public Acquisition Offer for 100% of the British toilet paper, kitchen roll and tissues manufacturer Accrol. The takeover bid was launched on [...]

The Portuguese State is to overtake the Resolution Fund to become the second largest shareholder in Novobanco according to changes that will be made at the bank’s annual general assembly meeting [...]