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Portugal oil and gas company Galp opened a 144MW solar energy project involving four solar parks in Alcoutim in the Algarve today. The project, which began in March 2022, is the company’s first [...]

The Portuguese government approved the reprivatisation of airline TAP at a Council of Ministers meeting yesterday. While it is still not known how much of the company will be sold and for what [...]

Portugal’s IT sector will grow just 0.8%, influenced mainly by direct sales in computers, tablets, wearables, telephones and monitors, but also because of a slowdown in some investments due to an [...]

There will be a record number of 50 Portuguese companies at Fruit Attraction in Madrid early next month — one of the largest fruit and vegetable fairs in the world that runs between October 3-5. [...]

Portugal saw the highest increase in agricultural produce prices in the EU in the second quarter of 2023 with prices up 22% compared to an average 2% price hike in the rest of the EU. This is [...]

State-owned bank Caixa Geral de Deposits has paid out €712.6 million in dividends to the Portuguese State – the biggest payout in its history. The payout corresponded to €351 million in [...]

Portuguese supermarket and food distribution giant Jerónimo Martins says that its business in Colombia should be worth 20% of its total business sales within a decade. The company currently [...]

Portugal’s socialist government has pledged to cut taxes for its State Budget 2024 and has ruled out creating any new tax bands. But the government will not reveal the extent of its tax cuts [...]

Portugal’s State-owned airline TAP will have to meet its restructuring obligations with Brussels even after the company is privatised later this year or early next year. The Portuguese government [...]

In 2022 Portugal’s franchising sector represented 7.23% of Portugal’s GDP – a considerable increase on the pre-pandemic year of 2019, revealing its growing importance for the Portuguese [...]