Latest news and stories about business in Portugal for expats and residents.
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.
On the day he presents his collection with the padel brand Quad, the designer talks about his phase of less glitz and more quality, and reveals his desire to expand his business into the beauty industry.
Gustavo Paulo Duarte is the executive chairman of the transport group Paulo Duarte: “I take on this responsibility with an institutional sense and a spirit of mission”
The Portuguese Confederation of Commerce and Services (CCP) has chosen its new president. It is Gustavo Paulo Duarte, who replaces João Vieira Lopes. With a degree in Management and Industrial Engineering, he has been the CEO of the Paulo Duarte Group since 2018. “The CCP elected Gustavo Paulo Duarte this Wednesday, April 29, representing the...
Luís Montenegro announced the extension of bank moratoriums for companies. The Council of Ministers will approve the measure this Thursday.
IWG has launched its first Open Office location in the Portuguese market.
A look at Huawei's twenty-year presence in Portugal, focusing on its contributions to innovation and partnerships.
The broker VCS – Verspieren has just acquired the entire capital of José Pires Cóias – Professional Insurance Mediators, which has been operating in Estremoz for 20 years. José Pires Cóias generated annual revenues of approximately 80,000 euros and will join the broker's southern commercial management team. With positions in Évora, ...
The Pestana Hotel Group has purchased the Le Massif Courmayeur Hotel & Lodge, a five-star hotel in Courmayeur near Mont Blanc, marking the Portuguese group's entry into Italy. The property, which is part of The Leading Hotels of the World network, features 80 rooms and suites and is scheduled to open on June 5th.
In mergers and acquisitions, management's attention is generally focused on the strategic thesis, valuation, and the financial structure of the transaction. But the M&A paradox is well-known: many acquisitions do not fail during negotiations, they fail during integration. The reason is simple. A transaction can be legally concluded at a given moment, but...
VivaGym has acquired gym operator Synergym in a deal that will create a network of more than 450 establishments across the Iberian Peninsula, strengthening its growth strategy in the fitness sector, the gym chain announced today. The operation, still subject to regulatory approval, brings together two companies with complementary presence in the low-cost gym segment in Portugal and Spain. Although the deal value was not disclosed, the company stated that the merger will create a large-scale sports and wellness platform aimed at improving customer experience, expanding service offerings, and strengthening geographical presence. In a statement, VivaGym CEO Cristina Burzako said the deal represents a 'decisive moment' for the company, allowing it to accelerate expansion and increase access to fitness services in the region. Synergym Holding General Manager Jordi Bella added that the operation is the culmination of a successful expansion phase for Synergym. The acquisition process will be supported by Providence Equity Partners. Gyms: Technology is the new weapon to gain market share and reduce costs.
Pedro da Costa Mendes, a partner at Cerejeira Namora, Marinho Falcão, led the team that provided legal advice on the structuring, negotiation, and completion of the Management Buy-Out for the acquisition of the French-originated PaperFlow Group. Cerejeira Namora, Marinho Falcão advised the partners of Fox & Temple, Lda., the family office of the Group's CEO, on the...
A business mission focused on the defence sector took place in Washington, D.C.
Macau facilitates the signing of 109 business agreements between Chinese firms and partners in Portugal and Spain.
Many companies innovate in silence. The problem is that, in a market where perception counts almost as much as results, invisible innovation runs the risk of not existing.
Generative AI has arrived in the business world with significant force, yet many companies struggle to see tangible returns. A study by MIT and Stanford highlights that while AI excels at automating routine tasks—such as in accounting—its true value is unlocked when combined with human expertise and strategic oversight. Successful implementation requires trusted technological partners, a focus on specific business needs, and a commitment to responsible adoption, proving that AI is a tool to empower professionals rather than replace them.
Portuguese companies and brands are featured at The Branding & Business Summit.
Cristina Cabral Ribeiro, Legal Lead Partner at PwC, discusses the critical role of cultural differences in cross-border M&A transactions, warning against the 'illusion of familiarity' and highlighting the increasing importance of ESG and cybersecurity covenants in modern deal-making.
The French group L'Oréal reported revenue of 12.152 billion euros for the first quarter of 2026, a 3.6% year-on-year increase. Excluding currency fluctuations and changes in the company's accounting perimeter, comparable sales rose by 7.6%. Growth was recorded across most regions, with Europe up 11.5%, while North Asia saw a 9% decline. CEO Nicolas Hieronimus expressed optimism for the global beauty market, noting that consumers continue to prioritise beauty products despite economic uncertainties. Additionally, L'Oréal has appointed Ana Jaureguizar as the new president for Portugal and Spain.
The sale process for Meo, which began in 2021, is currently stalled as Altice focuses on France and the sale of SFR, but it will eventually move forward. One thousand employees are set to leave following a generous redundancy package that concluded last year.
Payment delays are causing a domino effect in supply chains, with 62% of European companies paying suppliers late due to late receipts, a situation that affects 60% of companies in Portugal, according to Intrum. The 29th edition of the European Payment Report highlights that 12% of European business revenue is received past the due date, exceeding sustainable levels. In Portugal, this figure stands at 10.27%. The study notes that 57% of European firms missed growth targets due to these delays, while B2B payment gaps have widened from 16 to 20 days. To mitigate risks, 58% of companies are tightening payment discipline, and 66% are adopting Artificial Intelligence to improve efficiency.
An overview of the plans OMODA has to establish its presence in the Portuguese and European markets.
KPMG Portugal announced this Wednesday the launch of the sixth edition of the Global Tech Innovator competition in Portugal to select the startup with the most disruptive and promising technological innovation in the national market. The business tournament, part of the international Global Tech Innovator programme, features a list of winning alumni such as Defined.ai (2021), Musiversal (2022), ...
Omnicom has established a new division in Portugal focused on providing commerce-related business solutions.
The law firm Uría Menéndez marks its 25th anniversary in Portugal by focusing on digital transformation and technological innovation.
AHRESP, the association representing restaurants, considers that “it is essential that the sector analysis goes beyond averages” and insists on a scenario of “a crisis that statistics do not measure.” This response follows the doubts raised by the Governor of the Bank of Portugal, Álvaro Santos Pereira, who published a portrait on social media...
An analysis of why Portugal is becoming a preferred destination for semiconductor companies.
