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Portugal scooped 30 awards at the European edition of the ‘oscars’ of the travel industry – World Travel Awards, including Best Destination. After losing the title of Best Destination in [...]

Logistics company logislink has invested €11.5 million in a new terminal in Ponta Delgada which was opened today. Apart from the investment, the new terminal located at Azores Park on the Island [...]

The latest securities issue by Sino-Portuguese international construction company, Mota-Engil aims to raise €50 million with a dividend of €5.75% for securities set at €1.25 each. The [...]

It’s official. After weeks of speculation, the front-runner to buy the prime piece of central Lisbon real estate which housed the headquarters of Novobanco (and Banco Espírito Santo before it), [...]

English company manger Andy Brown is to step down from his position as CEO of Portuguese petroleum, gas and energy company Galp at the end of this year. Brown says that he has successfully [...]

Portuguese paper distribution company Inapa reported a profit of €16 million for the first half of the year. The company led by Diogo Rezende benefitted from revenues from paper sales and an [...]

The government has given the go-ahead for a strategic environmental impact study to support the best location for Lisbon’s new international airport. The measure was approved on Thursday by the [...]

Portugal’s development bank Banco de Fomento has selected 14 venture capital companies to manage €500 million to invest in SMEs and MidCaps as part of the Government ’s Consolidate Programme. The [...]

The Government has resurrected a high-speed TGV rail project between Porto and Lisbon which will stop at Gaia, Aveiro, Leiria and Lisbon and cut the journey time to 1 hours and 15 minutes. The [...]

The entity that supervises public spending on public companies has admitted that Novobanco may need fresh cash injections from the public purse. The Tribunal de Contas – Portugal’s supreme [...]