Latest news and stories about business in Portugal for expats and residents.
Four Portuguese companies, including a Porto-based AI firm and an aesthetic clinic, have signed agreements to expand their operations into Riyadh, Saudi Arabia.
President António José Seguro is attending the Cape Verde-Portugal economic forum in Praia to explore and identify new bilateral business and investment opportunities.
With only six months remaining, 74% of the Labour Compensation Fund remains uncollected, prompting employer confederations to consider requesting an extension from the government due to administrative difficulties.
An analysis of the Portuguese restaurant sector, highlighting concerns about its long-term economic stability and market saturation.
Fosun Group's investment in the Portuguese insurer Fidelidade, acquired in 2014 for one billion euros, is projected to be valued at 4.9 billion euros, highlighting the significant financial success of Chinese businesses in Portugal.
Portugal serves as the host nation for the upcoming European conference organised by the Site Selectors Guild.
Eugenia Oswaldt discusses how a deficit in entrepreneurial spirit in Portugal discourages citizens from seeking opportunities internationally.
Carlos Ribas, former head of Bosch Portugal and current CEO of CTS, steps down from his executive management roles.
Businessman Mário Ferreira, owner of Mystic Invest and parent company of Douro Azul, has been acquitted of qualified tax fraud. He was accused of qualified tax fraud regarding the 2015 sale of the vessel Atlântida to a company based in Malta. 'I leave this trial with my head held high, a clear conscience, and no resentment, determined to continue doing...'
With the implementation of the AI Act, companies must now ensure transparency and compliance when using Artificial Intelligence. E-goi has developed a free practical kit to help businesses inventory their AI tools, assess risks, and navigate new regulations to avoid potentially heavy fines.
PwC Portugal advised the ORA Group, a French group specialising in the design, production and installation of retail spaces, on the acquisition of a majority stake in Original Spot Design, a Portuguese benchmark in the sector for premium cosmetics and perfume brands. PwC Portugal supported the ORA Group through all stages of the transaction.
Hugo Veiga and Diego Machado are officially back on the market, now with a project of their own. The duo, who left their roles as global creative directors at AKQA in June of last year, are launching !F Creative Capital, a company that presents itself with a business model identical to that of a venture capital firm.
The Brazilian firm Fiber launches its operations in Europe by establishing a presence in Portugal.
PepsiCo has appointed a new leader for its Portuguese operations.
Portugal is expected to end 2026 with approximately 2,250 business insolvencies, a figure largely stable compared to the previous year, according to an Allianz Trade report. While recent months showed a downward trend, the insurer predicts a 2% increase in 2027 to 2,300 cases due to ongoing pressures from financing costs and production factors. Construction insolvencies rose, while retail and agribusiness saw declines. Globally, Allianz Trade expects insolvency levels to remain high until 2028, with AI not yet identified as a general cause of failure.
Local business owners and marketers gathered at UAlg Tec Campus, at the University of the Algarve, on Monday, October 19, for “Give, Don’t Ask”, a free Growth Box event built The post Faro event asks Algarve businesses to give before they ask appeared first on Portugal Resident.
The number of business insolvencies in Portugal shows stability during the period from January to September 2026.
The deal with Moeve has collapsed, but the intention to bring other investors into refining remains active. Galp has improved its earnings projections for this year. Company managers have downplayed the fall in share prices this Monday: €1.7 billion in market capitalization was lost in a single day.
Portuguese firm Tekever – Portugal’s seventh unicorn company after a funding round pushed its valuation past one billion pounds/ euros/ dollars, and which specialises in drones equipped with artificial intelligence The post Portuguese unicorn Tekever sells drones to U.S. Special Operations appeared first on Portugal Resident.
Randstad Portugal introduces a new dedicated service area focused on trade marketing solutions.
Several Brazilian franchises are participating in a fair in Portugal to expand their businesses, with the country being a major participant at Expofranchise 2026 in Lisbon. Companies such as Total Clean, Anjos mattresses, and Depil Express are looking to strengthen or establish their presence in the Portuguese market, contributing to a franchising sector in Portugal that exceeded 23 billion euros in revenue in 2025.
U.S. defence giant Lockheed Martin has opened a potential route into its F-35 production chain for four Portuguese companies, as various manufacturers compete to supply the fighter jets that will The post U.S. defence giant courts Portuguese industry as decision on new fighter jets approaches appeared first on Portugal Resident.
Bondalti chairman and executive president, João de Mello, has been re-elected for a new term as a board member of the European Chemical Industry Council (Cefic). The leader of the chemical company controlled by the José de Mello Group will remain on the board of what is considered the most important European chemical industry association for the next two years.
Francisco Gutiérrez states that the country remains a key market for the brand Scalpers.
Lino Santos and Duarte Pupo Correia debate cyber risks in Portugal and explain how cybersecurity is a strategic investment for companies.
WPP Media led the media new business ranking in Portugal during the first half, with a net balance, including renewals, of 44 million dollars (39 million euros). The data comes from COMvergence, an entity specializing in the quantitative analysis of the performance and strategic development of media agencies globally. In...
An analysis of how Portuguese companies often mistake reactive improvisation for true productivity. While cultural traits like flexibility and informality can solve urgent problems, they often mask operational inefficiencies when the same issues recur. The author argues that management must move beyond simply copying external productivity models and instead focus on how internal cultural strengths—such as personal relationships and adaptability—can be systematically integrated into processes to create lasting value rather than just 'putting out fires'.
