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Portugal’s residential real estate market continues to be buoyant thanks to high demand and lack of supply. Increases in prices have been among the highest in the euro area over the past 12 [...]

Around 29,000 company bosses were called by the Portuguese tax authorities last year to give an account of when and how they were going to pay off hundreds of millions in due taxes. In many cases [...]

CorPower Ocean has resumed its deployment program for its first commercial scale C4 Wave Energy Converter, following a period where the Aguçadoura wave energy site in northern Portugal has been [...]

Lobito Atlantic Railways, a co-owned Mota-Engil consortium, is to invest up to €555 million in Angola and in the Democratic Republic of Congo. LAR is a company that was set up by Mota-Engil [...]

The strategy to reduce a €58 million debt taken on by electrical and transport systems company Efacec by 50% was announced by its new owners, German fund Mutuares this week. The debt had been [...]

Vanguard Properties in a consortium with Permanente, a Portuguese holding controlled by José Maria Ferreira, have announced the acquisition of Covipor which operates in the glass sector for civil [...]

The consultant EY and Banco Finantia have been selected by Parpública, the umbrella holding that manages Portuguese public companies, to conduct two independent evaluations of TAP in preparation [...]

Both Madeira and Lisbon have once again been nominated as candidates for the ‘Best European Cruise Ship Destination’ by the World Cruise Awards. The regions will try and compete for the award for [...]

Portugal’s public debt, as accepted Brussels, remained unchanged at €280Bn in May according to data released by the Bank of Portugal today. (Mon July 3, 2023) It is the first time that Portugal’s [...]

The French supermarket retailer Carrefour is to sue Sonae in a bid to claw black a number of fines that were slapped on it over civil, labour and tax infractions that were still pendant and [...]