Poças is one of the few Port wine companies that is exclusively Portuguese. Founded in 1918, it has remained in the hands of the same family since its foundation. Essential speaks to oenologist [...]
Portugal attracted 248 Foreign Direct Investment projects last year placing it in six position of the country’s in Europe that attracted the most projects. Germany was the country that made the [...]
The majority of owners of properties rented out to tourists say they are not interested in renting out their apartments to long term tenants to help ease Portugal’s struggling rental market. It [...]
Portuguese companies are expecting salaries to go up by around 4.2%. That is still below the inflation rate but could be necessary to partly offset a continuing loss in purchasing power. Over the [...]
Investment in construction slowed in the second quarter of 2023 but nevertheless still increased 3.3% like-for-like on the previous quarter. According to the Portuguese Association of Civil [...]
August saw the lowest number of Golden Visas issued by the Portuguese government in return for investment in two years as the programme comes to and end. Only 64 visas were approved, the lowest [...]
Novobanco is sounding out banks to prepare an Initial Public Offer or IPO with the aim of becoming listed on the Lisbon stock market Euronext between the end of 2024 and the start of 2025. The [...]
Sixteen Portuguese funds are cashing in thanks to the success of semi-conductor company Nvidia whose shares hit an all-time high on the back of the AI boom. Nvidia’s shares have gained 200% in [...]
Portugal’s public bank Caixa Geral de Depósitos has made The Banker’s TOP 1000 World Banks list for the second year running — the only Portuguese bank to do so. It made it to the list because of [...]
Portuguese exports have grown in just two of the 10 main destinations it trades with around the world after four months of consecutive falls. According to data from the National Statistics [...]