The cement giant of Portuguese origin, Cimpor, announced on Friday that the Portuguese competition authority, Autoridade da Concorrência (AdC) will not oppose a buyout bid from Taiwan Cement [...]
Portugal has been given two months by Brussels to action an EU law that stipulates that multinational companies must pay a minimum of 15% taxes on their profits. So far, Portugal has failed to [...]
Global renewables firm Endiprev is strengthening its international profile after becoming the lead engineering services provider for the ground-breaking Vineyard Wind Project – USA’s first [...]
The large Chinese batteries company CALB is to invest €2Bn and create €1,800 jobs by setting up a batteries factory in Sines. When fully up and running the factory will be capable of producing 43 [...]
The Adeo Group, owner of the Leroy Merlin DIY and bricolage stores, has invested €40 million in a store for professional builders. The store, which will operate under the Obramat brand widely [...]
Portugal should do a better job of attracting more US companies to set up in Portugal as well as investing more in marketing to attract more tourists. That is the opinion of Tony Cabral, a US [...]
Bankruptcies in Portugal increased by 18% in 2023 on 2022 with almost 2,000 companies going under. On the other hand, 2023 closed with a record number of new companies created (51,320), exceeding [...]
The CEO of Aurora Lithium – the company that plans to build a lithium refinery in Portugal – Manuel Sousa Martins, whose total investment value is between €700-800 million, hopes to [...]
The CEO of Greenvolt, João Manso Neto, has called on the government to have the courage to change mentalities and invest in energy communities. The former EDP Renewables executive made his [...]
By the time Portuguese luxury goods retailer Farfetch withdrew from the New York Stock Exchange after being sold to South Korean company Coupang, its shares had tumbled 96.79% in value to mere [...]
