News

The Competitiveness Forum has forecast a slowdown in Portugal’s economic growth from 2.3% in 2023 to between 1.8% and 2.1% in 2024, stabilising in that range in 2025, according to its Business [...]

Portugal’s Central Criminal Investigation Court (TCIC) has decided to bring to trial four defendants in a corruption case associated with the failed bank Espírito Santo and its associated [...]

The Autoeuropa car plant in Palmela, near Setúbal has decided to apply a layoff regime for 3,742 of its 4,900 staff for a period of 13 days this month. With eight days of layoffs already made in [...]

At Quinta dos Vales, this month marks the end of one era and the beginning of a new one. After 17 years as the helm of the project, Karl Heinz Stock has now passed on the management and ownership [...]

Sales in the Lisbon Demarcated Wine Region in the first half of 2024 to 9 July grew 4% on the same period in 2023 thanks to white wines, rosés and ‘Leve Lisboa’. The president of the Regional [...]

Tax expenditure on non-habitual residents stagnated last year, compared to 2022, according to data recently released by the Tax and Customs Authority (AT). It is the first time this has happened [...]

The insurance broker Sabseg has acquired the total share capital of Velmese, an insurer based in Valença do Minho, Portugal. Velmese had a turnover of €167,000 in commissions in 2023 with net [...]

The Portuguese fine bone china tableware group Vista Alegre Atlantis has entered the Asian and Middle Eastern markets with Cristiano Ronaldo as brand ambassador. The internationally famous [...]

Angolan investor Isabel dos Santos has sold her 42% share in Portuguese bank EuroBic to Abanca in a deal that was signed on 11 June, four years after the Bank of Portugal gave the green light for [...]

As CEO of Portugal’s EDP and EDPR, Miguel Stilwell d’Andrade is at the forefront of managing the multinational’s energy transition. A major global energy player, EDP today employs around [...]