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The Portuguese telecoms operator NOS enjoyed profits of €41.1 million in Q1 of 2022. It represented an increase of 34.6% like-for-like on 2021. Consolidated revenues increased 10.6% like-for-like [...]

The estate agents RE/MAX, the largest in Portugal, grew 19% in the first quarter of 2022, its best Q1 ever. It enjoyed a volume of prices totalling €1.7Bn for 19,669 transactions, 76.7% of which [...]

Spanish bank Abanca, which has a presence in Portugal, posted profits of 381.2 million for the first quarter of 2022. It was a like-for-like increase of 13.2% which the bank says is down to good [...]

Portuguese energy company Galp posted profits of €155 million for Q1 – six times greater on the like-for-like period in 2021. The result was fuelled partly by an increase in the price of [...]

The economist who runs Portugal’s public debt management agency IGCP, Cristina Casalinho, says that Portugal is “prepared to face an increase in interest rates”. The interest on Portuguese [...]

The Government has reduced fuel duty for consumers and has asked motorists to check their receipts at petrol stations carefully to ensure that the discount has been passed on in the price they [...]

Portugal is to have the 10 largest green hydrogen and other related energy projects in Southern Europe worth €20Bn over the next two years. This is according to Portugal’s Secretary of State for [...]

The Portuguese private hospital group CUF has gone from losses of €23.8M in 2020 to a profit of €34.7 million in 2021. The result also represented a “€5.7 million increase on 2019” according to [...]

Portugal’s federation of business owners CIP has warned that there is now no margin to avoid increased costs for consumers. In a message to mark International Labour Day which was being [...]

Portugal’s GDP in real terms grew 11.9% in Q1 like-for-like on 2021 according to Portugal’s national statistics institute INE. The economy grew 5.9% overall. “The like-for-like increase partly [...]