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Portugal’s mutualist bank Banco Montepio has hired financial institutions to set up meetings with institutional investors to sound out a possible €300 million bond issue. The banks are Crédit [...]

The Luso-Sino multinational construction giant Mota-Engil is in the running to repair part of the longest road in the world. The construction company is one of 10 competitors for the project [...]

The President of Portugal’s enterprise association AEP has warned that several companies have left the consortiums leading cutting-edge modernisation and reconstruction projects deemed important [...]

A former Portuguese minister of Finances said that the government has a very limited margin to continue reducing taxes in Portugal because of the cost of pensions and health. In an interview last [...]

Ikea has announced that it will boost investment in Portugal by €60 million after sales grew by 11% in the 2023 tax year. Ikea Portugal achieved sales of €611 million for the tax year that ended [...]

Startups in Portugal will only have to pay 12.5% in their first year of activity in 2024 on the first €50,000 earned under the State Budget for 2024 which was handed to parliament earlier this [...]

Sword Health, the Portuguese startup that created the first digital solution to treat muscular-skeletal disorders, is to beef up its team in Portugal by taking on 50 new staff. In a communiqué, [...]

The French technology consulting services company Devoteam, which employs 1,300 in Portugal, has acquired the Open AI and Digital, and Big Data company Singularity Digital Enterprise that [...]

The general assembly of bond holders at electrical and transport systems company Efacec have voted to accept a €5.8 million reduction in the value of their bonds in the company. The company was [...]

Portugal, one of the few countries in the EU to enjoy a modest budget surplus of 0.8% of GDP, has created a new fund for structural investments. The fund is intended to replace the Recovery and [...]