The cost for the government of selling the State-owned electrical systems company Efacec could amount to €80 million. This is according to the parliamentary group PAN (People, Animals and Nature) [...]
Industrial business turnover in Portugal grew 11.8% in July which equates to a slowdown by seven percentage points compared to June when it had been 18.8%. This is according to the latest monthly [...]
The Swiss multinational Fischer Connectors which specialises in high-tech cable connectors has chosen Portugal to expand its business by investing €5.6 million in building a new electronics [...]
Construction materials costs rose 6.5% in June on May while manpower costs also rose 6.5% (6.6% in May). The increase affected the price of building new build residential property according to [...]
A scarcity of raw materials and at a higher cost is causing problems for Portuguese industry, from metallurgic and real estate to textiles and footwear sectors. And maritime freight shipping [...]
Portugal has made it onto the Top 10 list of the most attractive countries for overseas investment. This is according to the EY Attractiveness Survey Portugal 2021 which reveals that 37% of those [...]
Portuguese footwear exports soar in April as the industry continues its path of recovery and is already on positive ground. In April, exports grew by 121% when compared to the same month of the [...]
Portugal’s Business Turnover Index enjoyed a like-for-like growth of 54.1% in April representing an increase of 37.5% percentage points on the previous month according to the National Statistics [...]
Promecel, which operates in the electrical and mechanical component sectors, is to build a new factory in Braga by the end of the year in an investment worth €2.5 million. Founded in May 1985, [...]
The Portuguese government has postponed the competition for contracts to extract lithium ore in Montalegre until the end of 2021. One of the reasons why has to do with the fact that the Mining [...]