Latest news and stories about business in finance 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.
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.
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.
“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.
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...
The Confederation of Portuguese Business (CIP) calls for a new social agreement aimed at boosting economic growth and increasing salary levels across the country.
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.
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.
The Chamber of Commerce and Industry Luso-Brazilian (CCILB) highlights the importance of networking in fostering economic ties between the two nations.
The multinational company Cirsa has acquired the Casino da Figueira, expanding its operations within the Portuguese market.
Corporate insolvencies in Bragança soared by 71% in the first quarter of 2026 compared to the same period in 2025, while the formation of new companies fell by 2%, according to data from Iberinform released this Friday. Almost half (44%) of the business sector in this Transmontano district presents a moderate risk of credit default and more than one...
The number of company mergers and acquisitions in Portugal has reached its highest level in twenty years.
Procalçado started by selling soles, moved on to producing injected soles for international groups, and is now the group that launched Lemon Jelly, the colourful footwear worn by both grandmothers and granddaughters. José Azevedo Pinto tells the story.
Delta remains the top-ranked brand in terms of reputation within the Portuguese market.
The retail chain E.Leclerc has introduced a new Retail Media platform across its hypermarket locations in Portugal.
Luís Todo Bom proposes a 6 to 8-year transition model structured in 9 stages for footwear companies
CMS Portugal advised Sonepar, a French family-owned B2B electrical equipment distribution group, on the acquisition of 100% of Grupo LCI, an electrical equipment distributor with a national presence in Portugal through its three companies Tanqueluz, Futurluz, and Vedrel, which operate 17 establishments and have approximately 200 employees.
The future of surety insurance in Portugal was debated during the talk 'Surety insurance in Portugal: current status and future opportunities' at the 2026 National Insurance Forum. Ana Lia Marques, Executive Board Member at Azuaga, and Maria Teresa Ribeiro, Credit Specialties Leader at Marsh Portugal, exchanged ideas on the subject.
Saudi investors are establishing a holding company in Portugal to facilitate investments and expand Portuguese businesses into Saudi Arabia.
