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Independent energy producer BNZ that develops, builds, and operates solar photovoltaic projects in Southern Europe, particularly Portugal and Spain, is to invest €450 million in Portugal with [...]

Portugal’s popular sunshine holiday destination has the potential to develop as a startup hub for enterprising Americans and Europeans. The Algarve Resident spoke to RedBridge founder Jonathan [...]

The ratings agency DBRS has raised the rating on Portugal’s national debt to ‘A Stable Outlook’ for the second time in the space of a year. The agency did so because Portugal’s [...]

Portuguese State-owned bank Caixa Geral de Depósitos posted a historic profit of €608 million for the first half of 2023, up 25% than the same period last year, thanks to a strong increase [...]

The Santo Tirso company Nuri, which produced sports socks for companies like Primark and Puma, has suddenly closed down leaving €12 million in debt and 108 employees on the dole. The company was [...]

The shares of Portugal’s multinational food retail and shopping mall giant Sonae are at their highest value after gaining in value by 6% on May 10 with the news that it had sold a 11.3% share in [...]

Investment over 2022 fell 4.4% compared to 2019 with a medium-term impact of -8.8% because of the economic fallout from both the Covid-19 pandemic and the war in Ukraine. The fall was almost [...]

Rafael Alves Rocha has been appointed to lead one of Portugal’s largest business associations – Enterprise Confederation of Portugal. (CIP) “I am super excited at the opportunity of being [...]

The Bank of Portugal has issued a new reporting regulation for the top brass of financial institutions that will have to report fat cat salaries. The supervisor in Portugal is following the lead [...]

The ratings agency Moody’s has warned that the current investigations into Altice Portugal over money laundering, fraud and corruption has revealed “deficiencies in internal control”. It says the [...]