Bosch has announced its expansion to Aveiro with an investment of around €100 million to 2026. The funds have been earmarked for new laboratories, two buildings and additional production lines [...]
Portugal’s BEL Group closed the third quarter of 2023 with a sales turnover of €400 million and net profits of €6.8 million. In a communiqué, the group led by Marco Galinha, which recently [...]
The umbrella company that controls Portugal’s public companies, Parpública, is to inject a further €150 million in the recently privatised electrical and transportation systems company Efacec. [...]
Portugal’s bank BPI posted profits of €390 million to September – an increase of 35% like-for-like on 2022. (€289 million) The bank’s national activities contributed with €324 million, up [...]
The Portuguese gentlemen’s apparel company Dielmar will close 2023 with a profit after years of losses which almost brought the company to the point of closure. The company was bought for [...]
Portugal’s Finances minister, Fernando Medina says that the sale price of State-owned airline TAP is the “least important” consideration out of the five priorities that have been identified by [...]
Google Portugal Director, Bernardo Correia says that Portugal has a “very healthy environment” from a regulatory point of view, and adds that the government’s initiative to create corridors for [...]
Portuguese packaged salads producer Vitacress, which turned over €40 million in 2022, of which 15% was for the export market, especially the UK and Spain, says it will expand to Odemira. However, [...]
ETSA, a Semapa Group company that specialises in recovering animal by-products, is to invest €80 million and double its business in 5 years. The food industry recycling company aims to invest in [...]
Portugal’s oil and gas giant Galp posted an increase in its oil refining margin of 89% giving it a margin of US$ 14.60 per barrel in the third quarter of 2023. It was a significant increase on [...]
