Archives

Portuguese exports of car components rose by 26.9% in April to €899 million like-for-like on last year with the market growing ten consecutive months. The data was released in a communiqué from [...]

Telecoms giant Vodafone is facing resistance from Portugal’s competition authority Autoridade da Concorrência (AdC) on the offer it launched in September to buy Nowo. The group had intended to [...]

Modernisation works at the shipping containers terminal at Alcântara have entered a second phase. The project involves building a new maintenance and support building, repaving and reflooring the [...]

Poland’s regulator has fined the Portuguese supermarket giant Jerónimo Martins, which operates in the country under the Biedronka trademark, €36 million for “deceptive advertising”. The consumer [...]

The Israeli real estate developer Fortera is to invest €200 million on property developments in the Lisbon south bank estuary town of Seixal. The developer is at the centre of Operation Babel [...]

Hotels and guest accommodation in the Algarve have registered record room bookings not seen since the start of this century for the month of May. May 2023 was a record for total average [...]

The telecoms giant Altice Portugal is negotiating the sale of its data centre at Covilhã for €100 million. The company expects to complete the sale at the start of the fourth quarter of this year [...]

The Portuguese government has admitted that it will probably take three to five years for the German vulture fund Mutares to restructure the electrical and transport systems company Efacec and [...]

The Portuguese government hopes to have signed off on 53 ‘mobilising’ projects which will benefit from EU funds in Portugal’s Recovery and Resilience Plan (RRP). The Secretary of State for the [...]

Lisbon’s stock market, Euronext Lisboa, is gearing up for what will be Portugal’s biggest floatation in a decade. The private health group Luz Saúde, which is held by the insurer Fidelidade, will [...]