Investment

The Portuguese venture capital company Indico Capital has led a €2.6 million seed investment round in Zenklub, an online emotional health and well-being platform. Apart from Indico, the startup [...]

The Portuguese Minister of Infrastructure warned this week that while the Government does not want to “let TAP collapse” it cannot rule out the possibility of the airline going bankrupt. The [...]

Portugal’s BCP bank saw profits tumble by 77% in the first quarter of 2020 to register a net profit of €35 million. The bank explained the fall on the pandemic which shut down the economy in [...]

Clients of bank Santander Totta have applied for grace periods on loans worth €9Bn. In all they represent 82,000 families and companies adding up to 25% of all the bank’s personal clients and 40% [...]

Two international hotel groups have signed non-disclosure agreements to study the feasibility of developing hotels at a luxury tourist community project at Comporta in Portugal’s Alentejo region. [...]

Stephan Morais, of Venture Capital firm Indico Capital Partners, says the current crisis and looming recession will test budding entrepreneurs and sort the wheat out from the chaff. However, [...]

The French developer Nexity has a strategic development plan for Portugal which includes three residential real estate projects aimed at Portugal’s middle class. The projects located at Dafundo [...]

The Government has appointed the ex-president of Águas de Portugal to negotiate a State financial rescue package for airline TAP. If the airline doesn’t get several hundred thousand euros by 20 [...]

The real estate developer Corporgest has invested €6.2 million in a new development in the heart of Lisbon’s Chiado district. It involves the refurbishment of an 18th century building at Rua [...]

Exports from Portugal to Angola plummeted 22% in the first quarter of 2020 from €287 million from January to March 2019 to €224 million in Q1 of 2020. According to data from the National [...]