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COMPANIES Create IT growth up 30% As it celebrates its 20th anniversary, Create IT has posted growth results of over 30% The Portuguese company (team pictured) which is focused on multi-platform [...]

Thor Spain Private Equity has bought a company which holds a plot of land on Porto’s Rua 5 de Outubro which has been earmarked for a residential home for the elderly. The operation was [...]

Government and banking sector bailouts for Portugal’s banks have been the highest in the European Union. More than a decade after the global financial crisis, which led to various countries in [...]

The luxury resort and real estate developer Vanguard is to turn Comporta into a renewable energy community. It means that the resort will obtain around 80% of its energy needs for renewable [...]

Chinese investment in property through the Portuguese Government’s Golden Visa scheme fell 60% in the first quarter of this year like-for-like on 2021, to €20.7 million according to Portugal’s [...]

Portugal’s book market saw retail sales up 8% by April this year on like-for-like pre-pandemic sales in 2019. This is according to data from the Portuguese Association of Publishers and Book [...]

Metalgest, a holding owned by maverick art collector multi-millionaire Joe Berardo, is facing closure for failing to disclose accounts for two years. It has been subject to an administrative [...]

Spanish venture capital investors K Fund have made their debut in Portugal with a €140 million fund for technology startups. K Fund, which is one of the biggest VCs on the Iberian peninsula, will [...]

Overseas homebuyers in Greater Lisbon spend double the amount on houses compared to the local Portuguese according to the latest figures from the National Statistics Institute. The average price [...]

Novobanco has once again handed out bonuses to its directors, this time worth €1.6 million. In 2020 it handed out bonuses of €1.9 million according to its financial report of 2020. Despite [...]