Industry

Portugal has decided to stop using coal in its power stations two years ahead of schedule. The Portuguese energy giant EDP has announced that it will close its coal fired power plant at Sines [...]

One of Portugal’s oldest civic associations, which debates questions surrounding the economy, has launched a reindustrialisation manifesto aimed at saving Portugal’s economy. SEDES (The [...]

An investigation by newspaper Público has revealed that — despite what it may have said earlier this year — the Government has actually gone ahead and signed 16 contracts with mining companies [...]

Production in Portugal’s construction industry fell 13.2% in April like-for-like on 2019 but wasn’t as bad as the rest of Europe which averaged falls of 20%. The figures released by Eurostat [...]

Angola is not just oil and diamonds. In fact, the fall in oil prices coupled with the political intent of the new government to cut back on the corrupt practices of the past and to create a new [...]

Portugal’s Industrial Confederation has warned that a €6.2Bn credit line has all but run dry while 69% of companies are still waiting for emergency cash that could spell the difference between [...]

The Portuguese treated wood company Carmo Wood has entered both the Chinese and Middle East markets. The company, one of the leaders in its field in Europe with over 40 years of experience, [...]

The President of the Portuguese Footwear Association, Luís Onofre, has been appointed president of the European footwear confederation for the next three years. “The President of APICCAPS [...]

Portuguese multinational construction giant Teixeira Duarte has registered a €17 million net profit after offloading its Lagoas business park near Lisbon. In 2017 the company which was hard hit [...]

Cork company Amorim recorded profits of €41.2 million for the first half of 2018, representing an increase of 9.2% like-for-like. The company says that the reason behind these results is [...]