Latest news and stories about business in Portugal for expats and residents.
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.
She handles fish like someone playing the piano and cuts pieces of meat while wearing silk pyjamas. We spoke with the Russian influencer who has over 20 million followers and has opened two shops in Portugal.
International Workplace Group (IWG), one of the world’s largest providers of flexible workspaces, is expanding its presence in the Algarve with the opening of a new co-working and office centre The post New co-working hub opens in Loulé town centre appeared first on Portugal Resident.
The Millennium Portugal Exportador event returns to Europarque, highlighting eight key international markets for Portuguese businesses.
The IMD competitiveness ranking highlights that while Portugal possesses entrepreneurial talent, it struggles with effective management practices.
Stellantis N.V. and German investment firm Mutares SE & Co. KGaA have announced an agreement for the transfer of the entire shareholding in the Free2move car-sharing business. Financial details were not disclosed. The deal is expected to close by the end of the year, pending regulatory approval and employee consultation processes. The sale aligns with Stellantis's 'Dare Forward 2030' strategic plan to streamline assets and focus on core vehicle manufacturing. Free2move will operate independently under Mutares, which plans to reorganise the fleet and accelerate the transition to electric vehicles. Stellantis will continue its mobility services presence through its long-term rental subsidiary, Leasys.
CMS Portugal provided legal counsel to the French company Sonepar regarding its purchase of the LCI Group.
Created in 1990 in Coimbra, the Pedro Nunes Institute is one of the most comprehensive entities supporting the creation and development of companies in Portugal. Among the 500 companies that have already passed through it are some well-known names: Feedzai and Critical Software are two of them.
The AED Cluster is organising the participation of Portuguese companies in international industry events.
Pedro Costa Ferreira, president of the Portuguese Association of Travel and Tourism Agencies (APAVT), has announced his candidacy for the leadership of the Confederation of Tourism of Portugal (CTP) for the 2027–2030 term. He argues that the sector is entering a new cycle of development that requires a more inclusive and influential Confederation. His candidacy, which has received support from several industry associations, focuses on increasing competitiveness, innovation, and talent, as well as balancing tourism growth with the quality of life of local communities. He will compete against Bernardo Trindade, who is also running to succeed Francisco Calheiros as head of the CTP.
Portugal is focusing on the Brazilian market to drive the growth and expansion of its technology sector.
“There was a project for third countries that was delayed, but we already returned the money in 2020,” says the CEO of Casa Ermelinda Freitas regarding the court conviction related to a project funded by European funds.
A request for de-designation was submitted, but the ministry has not yet made a decision. Even so, the shopping centre leased the former cinema space, which closed in January, to the Danish chain.
Vidrala, a glass packaging manufacturer with a facility in Marinha Grande, closed the first half of the year with a net profit of 117.4 million euros, an 8.9% increase compared to the same period of the previous year. In a statement, the company reported that its gross operating result (EBITDA) reached 225.5 million (up 4.4%), a figure...
Tabaqueira will house a new generative artificial intelligence facility for Philip Morris.
The Confederation of Portuguese Business (CIP) calls for a new social agreement aimed at boosting economic growth and increasing salary levels across the country.
The Bronze Lion won by Studio Nuts at this year's Cannes Lions festival highlights the success of a Lisbon-based studio that blends Brazilian creative talent with the Portuguese market. Founders Tico Moraes and Valéria Lima discuss their journey from Brazil to Portugal, the challenges of adapting to a smaller market, and how their international reach—now extending to a new office in Dubai—leverages their unique cross-cultural perspective.
In the panel “The importance of human relationships in Insurance Mediation” at the 5th edition of the National Insurance Forum, Bruno Dias, Regional Director for the Cascais/Sintra area of the Generali Group, Helga Saraiva, Key Note Speaker and Executive Mentor, João Paulo Mendes, CTO and Co-Founder of Goosebrokers, and Tiago Monteiro, Insurance Solutions specialist at...
CMS announced revenue of 2.173 billion euros for the financial year from January to December 2025, representing a 4.8% growth compared to the previous year. CMS Portugal also grew locally by 5% in the same period, according to a statement from the firm. José Luís Arnaut, managing partner of CMS...
Cerealis, owner of Nacional and Milaneza, is interested in buying the Spanish pasta brand Pastas Gallo. The company owned by Carlos Moreira da Silva and the Silva Domingues family was one of those that contacted the Spanish fund ProA Capital, which has held the majority of Pastas Gallo's capital since 2019 and is attempting to...
The brand Coti is expanding the reach of Portuguese-made products globally by focusing on a specialized hair towel.
Applications remain open until 31 July for a new competition aimed at boosting tourism-focused startups. The initiative is a partnership between Cais do Porto, Embratur, and Turismo de Portugal. The 'Luso-BR Connection: Binational Open Innovation Call in Tourism - Brazil and Portugal' programme will select ten companies—five from each country—to expand business opportunities in both nations. The technical operation will be managed by innovation hubs Porto Digital in Pernambuco and Cais do Porto in Aveiro, which will provide support and soft-landing programmes over a five-month period.
A reflection on the impact of Artificial Intelligence on business creativity, inspired by a debate featuring major global companies and the recent encyclical 'Magnifica Humanitas' attributed to Leo XIV. The text argues that the future of work is not about machines versus humans, but about humans effectively leveraging AI while maintaining critical thinking, responsibility, and human connection. It also addresses the controversy surrounding the potential use of AI tools like Claude in drafting the Vatican's latest document, suggesting that AI can be a powerful tool for progress if used with transparency and intentionality.
The Secretary of State for the Economy, João Rui Ferreira, stated today in Luanda that Portuguese companies do not fear the growing international competition in the Angolan market, highlighting their ability to adapt to competitive economies worldwide.
