Latest news and stories about business news in Portugal for expats and residents.
Global asset manager BlackRock has appointed João Robalo Martins as the new Head of Business for Portugal. Based in Madrid, Martins assumes the role this Monday, marking the second leadership change for the firm's Portuguese operations in less than a year.
A new fuel station operator called Nova has entered the Portuguese market, opening 15 locations in under ten months. Founder Ricardo Coimbra plans to reach 50 stations within three years and is currently targeting acquisitions of sites dissatisfied with the potential merger between Galp and Moeve.
Galp is Portugal’s integrated energy company operating in fuel, natural gas, electricity retail, refining and upstream activities, and it supplies households and businesses across the country. For expats, issues at Galp—such as recent billing disruptions—can mean unexpected large utility bills or service problems, so check your account, contact the supplier and keep billing records.
MDS and Sabseg have resumed their intense competition for the top spot in the Portuguese insurance brokerage market.
Bauer Media Audio Portugal announces plans to move its head office into the Polaris building.
Bauer Media Audio Portugal, owner of radio stations such as Comercial and M80, announced this Thursday that it will leave its historic facilities near Parque Eduardo VII and relocate to Polaris, a new office complex next to the Colombo Centre and Hospital da Luz. 'The choice of Polaris reflects our confidence in...'
Kencko, a company with more than 60 employees, has declared insolvency in Portugal, while its operations in the United States remain unaffected.
The European Commission approved this Thursday the acquisition of exclusive control of the French company Europcar Mobility Group by the German Volkswagen, considering that the operation does not raise competition concerns in the European car rental market. 'The European Commission has approved, under the EU Merger Regulation, the acquisition...'
The North American company Planet Fitness has completed the acquisition of the Portuguese gym chain Be-Fit for approximately 102.5 million euros, beginning operations with a network of 25 clubs and roughly 80,000 members in Portugal.
A study shows that a small fraction of businesses is responsible for nearly half of the total spending on fuel in the country.
OZ Energia, part of the Manuel Champalimaud Group, has signed an agreement with DISA Lusitânia to strengthen Shell's presence in Portugal, with the petrol station network adopting the Shell brand. OZ Energia will continue to operate these stations, while other company activities remain unchanged. The transition will be phased to ensure operational continuity. DISA Lusitânia manages the Shell brand network in Portugal and Spain. Separately, Shell reported a 19% increase in profits to 4.8 billion between January and March.
An update or report from the Portuguese Hospitality Association regarding business matters dated October 29, 2026.
The agency formerly known as McCann Portugal gave rise this Thursday to Hora Creative World, an agency founded and led by Luís Pereira Santos, its CEO since 2013 and shareholder since 2016, the year he completed a management buyout of the agency from the then IPG group. The new identity revives the agency's origins, which date back to...
Rita Amzalak, managing partner at Havas Media since 2015, is leaving the agency, ECO/+M understands. The professional, who was also a member of the group's Executive Committee, will depart at the end of the year. Her departure is part of an agency restructuring that will affect two other people. Havas Media Portugal has proceeded...
João Bento, former CEO of CTT – Correios de Portugal, has become a non-executive partner at the investment firm Caldrew Capital. The executive, who led the postal operator until April, joined the firm specializing in acquisitions, created by investor Manuel Queiroz Pereira and entrepreneur João de Sousa Aroso, founder of Leadzai. Caldrew Capital believes that João...
It was a 'yes' week for the Lufthansa leader, who secured victory in the TAP privatisation, but also for Tekever, which expanded its operations to Germany. Abroad, the Altice leader was once again the target of a lawsuit from creditors.
Following a 518 million euro funding round, the Portuguese company Tekever is launching operations in Germany. From Munich, the unicorn will also serve the Austrian and Swiss markets.
Aon Portugal has announced the appointment of Elisabete Dias as Senior Key Account for the Credit Solutions division. Her main duties will include advising and supporting companies in structuring coverage and financial protection. With her joining, the company aims to consolidate its ability to support its client portfolio.
CNP Iberia, part of CNP Assurances of the French group La Banque Postale, has appointed Eve Régagnon as Chief Marketing & Strategy Officer, expanding the mandate she already held as Head of Strategy & Innovation for Spain and Portugal. The executive will now oversee the Marketing, Strategy, and Innovation departments.
Publicis Groupe Portugal launched the Content Studio this Tuesday, a unit that aims to identify where and how brands can participate in cultural conversations. The unit is led by Gustavo Otto, the group's chief connection officer in Portugal, who joined the company about a year ago. The Content Studio aims to be 'more than...'
The Sonae Board of Directors proposed today Cláudia Azevedo as the next chair of the Board of Directors and João Dolores as chief executive officer (CEO), it announced in a statement.
The brokerage firm Marsh Portugal confirmed that the recent rebranding does not correspond to a change in the business structure: teams and client contracts remain the same. The company explained in a meeting that the single brand is a way to simplify the value proposition and facilitate access to the group's different solutions.
The French group Audensiel, which specialises in IT services, has bought a majority stake in the Portuguese consultancy LCG, founded in 2009 and led by Pedro Rebelo. Its approximately 250 employees will be integrated into the multinational based in Boulogne-Billancourt. The deal, the value of which was not disclosed, marks Audensiel's international expansion into Portugal.
The MDS Group has strengthened its executive team with the hiring of Patrick Chan, who took on the roles of Senior Adviser, International Development and leader of the Asian Desk this month. The executive, who has over 35 years of experience in the sector, will be responsible for identifying new business opportunities and facilitating connections.
On September 17, Prévoir celebrated 30 years of operations in Portugal at an event held at the Leixões Cruise Terminal, where the French insurer also announced the launch of two new products. Among the guests was Patricia Lacoste, president of the group and member of the founding family.
Generali Tranquilidade announced this Friday the launch of a multimedia communication campaign to inform the market about the disappearance of the Açoreana Seguros brand. Under the slogan 'Açoreana Seguros is now Generali Tranquilidade', the campaign starts this week throughout the Azores archipelago and runs until the end of October, with presence...
The company Linkroad, which employs 350 people in Portugal, has appointed a new Chief Executive Officer.
She is Portuguese, has been at Inditex for 14 years, and had been leading the Pull & Bear brand for a year and a half. Marta Andreia Rodrigues will be the new director of Zara Woman, according to the Spanish press. Marta Rodrigues replaces Lorena Rodríguez Veiga, who had led the women's division since 2024 (and whose future position is not yet known).
The Armani group has appointed 43-year-old Dario Vitale as creative director of Emporio Armani, the Financial Times reported this Wednesday. This is the first external hire for a creative role since the death of founder Giorgio Armani in September 2025. Dario Vitale will also be responsible for the design of Giorgio Armani accessories. At Emporio Armani, created in...
