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Portugal’s airline TAP has announced a cash injection operation of €980 million of State money into the business. The injection will be done in tranches – the first of €294 million was made [...]

An ex-director of cash-strapped Portuguese airline TAP who had been on a salary of €245,000 per annum for three years and who was awarded a €500,000 fat cat “compensation package” for [...]

Exciting Times are Ahead! The Irish-Portuguese Business Network (IPBN)  has signed a protocol with the Universidade Europeia (UE) the host of this year’s IPBN Tourism Conference in September in [...]

Portugal’s venture capital company Indico Capital Partners has invested €4 million in five startups – Famedrop, Data4Deals, Ittinsect, Inclita Seaweed Solutions and Biomimetx. Two are [...]

The question of a possible merger between BCP and Novobanco has again been circulating in banking circles in Portugal. The Governor of the Bank of Portugal, Mário Centeno said in an interview [...]

Portugal’s electricity regulator ERSE has fine the Spanish multinational electric utility company Endesa, which has a considerable presence in Portugal, €180,000 for 92 infractions. The ERSE had [...]

Vision Supra Partners (VSP) — a Portuguese-Swiss developer which brings together Alcarine SA and the Portuguese AM SF have launched a €30 million residential development in Sesimbra. The Vale das [...]

The hotel chain Hoti Hotéis is to invest €110 million in three luxury residential housing developments in Portugal. The first of these projects will be built on Porto’s Avenida da Boavista, the [...]

Portugal’s banks are urging their clients who may already be in difficulties or anticipate cashflow or loan repayment problem in 2023 to get in contact now. In a bid to avoid a flurry of loan and [...]

The Spanish company Montepino has reached an agreement with Leroy Merlin to build the largest logistics platform in Portugal for the French multinational DIY and garden centre group Leroy Merlin. [...]