EDP will increase capital by EUR 1 B to fund takeover bid for EDP Brazil
EDP will increase capital by EUR 1 B to fund takeover bid for EDP Brazil.
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Portugal News Blog
Portugal Business News - PBN
Mar 2, 2023
Portuguese Bluepharma invests EUR 30 M to produce oral drugs
Portuguese pharmaceutical company Bluepharma invested EUR 30 million to produce potent oral drugs in one of the largest units in Europe.
Portugal Business News - PBN
Mar 1, 2023
Turnover of Portuguese Mota-Engil reaches EUR 3.8 B
The turnover of Portuguese group Mota-Engil reaches EUR 3.8 billion in 2022, that is an increase of 47% compared to 2021.
Portugal Business News - PBN
Mar 1, 2023
Portugal’s exports reached 50% of GDP in 2022
Portugal’s exports reached 50% of GDP in 2022.
Portugal Business News - PBN
Feb 28, 2023
Portuguese company OLI sells water-efficient toilets to Qatar
Portuguese company OLI is selling water-efficient toilets to Qatar.
Portugal Business News - PBN
Feb 28, 2023
Portuguese wine wins highest distinction in Japan
Portuguese wine Quinta D’Amares Alvarinho 2022 wins the highest distinction in Japan, the Diamond Medal, at the international competition.
Portugal Business News - PBN
Feb 27, 2023
Portuguese company Medway invests EUR 45 M in trains to cross the Pyrenees
Portuguese company Medway is investing EUR 45 million in trains to cross the Pyrenees.
Portugal Business News - PBN
Feb 27, 2023
Portugal’s New Digital Nomads
Portugal’s new digital nomads are settling in Lagos in sunny Algarve.
Portugal Business News - PBN
Feb 27, 2023
Portuguese company Jerónimo Martins in Top 100 family businesses globally
Portuguese company Jerónimo Martins ranks in the Top 100 family businesses globally under the Global Family Business Index.
Portugal Business News - PBN
Feb 25, 2023
EDP will invest EUR 24 B in Green Energy by 2025
EDP will invest EUR 24 B in Green Energy by 2025 to reach the target of becoming 100% green.
Portugal Business News - PBN
Feb 25, 2023
Horizon Equity Partners invests EUR 15.3 M in 2 solar parks in Portugal
Portuguese fund manager Horizon Equity Partners is investing EUR 15.3 M in 2 solar parks in Cascais, Portugal.
Portugal Business News - PBN
Feb 25, 2023
Portugal is one of the quickest countries to implement RRP
Portugal is one of the quickest countries to implement the EU Recovery and Resilience Plan (RRP).
Portugal Business News - PBN
Feb 24, 2023
Reservations for Easter in Portugal reach 2-digit growth
Reservations for Easter in Portugal are reaching a 2-digit growth, at a rate that is completely unexpected.
Portugal Business News - PBN
Feb 24, 2023
Sales of Portuguese Corticeira Amorim reach EUR 1 B
Sales of Portuguese Corticeira Amorim reach EUR 1 billion in 2022.
Portugal Business News - PBN
Feb 24, 2023
B2B cross border e-commerce in Portugal to reach USD 40 B by 2024
B2B cross border e-commerce payments in Portugal are expected to reach USD 40 billion by 2024 with the use of online marketplaces.
Portugal Business News - PBN
Feb 23, 2023
Portugal’s electricity network REN uses Augmented Reality
Portugal’s electricity network REN is using Augmented Reality for increasing safety for workers in substations.
Portugal Business News - PBN
Feb 23, 2023
Portugal & Spain invest EUR 500 M in nuclear fusion
Portugal & Spain will invest EUR 500 million in nuclear fusion with the aim of including this source of energy in the electricity grid.
Portugal Business News - PBN
Feb 23, 2023
Portuguese Finerge building 15 wind & solar farms
Portuguese company Finerge is building 15 wind and solar farms, out of which 4 will be hybrid.
Portugal Business News - PBN
Feb 22, 2023
Amazon will use 6 Portuguese influencers as ambassadors
Amazon will use 6 Portuguese influencers as ambassadors for 2023.
Portugal Business News - PBN
Feb 22, 2023
Stellantis distributes € 2 B to employees
Stellantis Portuguese CEO Carlos Tavares has announced that they will distribute € 2 billion worldwide to employees to reward performance.
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