A new information site about 25 large construction projects in Angola was unveiled recently at the Pestana Palace hotel in Lisbon. The site has two objectives; on the one hand to provide [...]
High taxes in Portugal are the main reason why developers can’t build new affordable housing for the Portuguese middle classes. This is according to Hugo Santos Ferreira, President of the [...]
The Portuguese construction company Teixeira Duarte cut 800 jobs in 2023 when the construction firm posted losses of €3 million. The company now has 8,689 employees from 42 different [...]
A Portuguese construction association boss says the country needs 45,000 new build houses to solve Portugal’s chronic affordable housing shortage. The President of the Association of Civil [...]
The headquarters of the bankrupt Portuguese construction firm Soares da Costa in Vila Nova da Gaia (Porto) has only managed to achieve a maximum bid of €4.5 million in a second auction, well [...]
The Portuguese construction firm Martifer saw its profits soar by 48% with record orders worth €753 million in 2023. The group, controlled by the Martins brothers and Mota-Engil, closed 2023 with [...]
The Portuguese construction giant Teixeira Duarte is in the lead against Spanish rivals to carry out repair and resurfacing works in the IP3 motorway between Santa Comba Dão and Viseu in the [...]
The costs of new build construction in Portugal went up 1.9% overall in January like-for-like on 2022. This percentage represents an increase of 1.2% on December 2023 while the price of building [...]
The Portuguese bankrupt construction company Soares da Costa, once the largest in Portugal, is to press ahead with auctioning off its headquarters for just under €6.9 million. The company, which [...]
Portugal’s Public Ministry is to open an investigation into the bankruptcy of the construction company Soares da Costa after questions have arisen over where money from contracts in Angola has [...]
