Latest news and stories about industrial policy in Portugal for expats and residents.
Portugal and Europe face enormous competitiveness challenges, particularly in the industrial sector. It is very difficult to compete with the scale of Asian (e.g., China, India, South Korea) or North American markets. Business competitiveness depends on multiple factors, including the conditions of their physical location and how it responds to the needs of...
Present in Portugal for about 30 years, Indra is monitoring investments in the defence sector, particularly in radars planned under the Military Programming Law, one of the areas where the company, which already has 1,000 employees in Portugal, operates. To this end, Indra is willing to move forward with an “industrial programme”...
The European Commission approved a 1.5 billion euro package this Monday under the European Defence Industry Programme (EDIP) to strengthen and modernise the European defence industry, increase production capacity, and ensure technological progress and industrial resilience. Norway and, for the first time, Ukraine...
Is a car from a French brand, designed in Paris, assembled in Morocco, and featuring a Korean battery, “European” enough? The answer to this question could reshape the EU's trade relations. Opinion by Cláudia Azevedo.
In Vale de Cambra, in the region known as the “stainless steel capital”, Nuno Melo asks companies to help replace “obsolete armoured vehicles and end-of-life frigates”.
Decarbonisation requires time, competitiveness and strategy. In Sines, Repsol shows how industry, innovation and concrete action are driving a just and inclusive energy transition.
EU leaders would be mistaken to look for trade relief in China as Canada does, and bargain away the continent’s industrial capacity in the process.
The Minister of Economy and Territorial Cohesion said today that it would be better if the Sines refinery remained under control from Portugal, but he recognised that the negotiations between Galp and Moeve are taking place between two private companies.
The Iberian Initiative for Industry and Energy Transition (IETI), led by McKinsey and bringing together energy companies such as EDP, Galp, Iberdrola, Moeve, Naturgy and Repsol, brought to the World Economic Forum (WEF) annual meeting in Davos a discussion that resulted in five priorities for the future. These companies want 'more implementation' so that the ...
Banco de Fomento already has nearly 95% of applications approved in the defence and reindustrialisation areas under the new Financial Instrument for Innovation and Competitiveness (IFIC). The approvals are expected to be announced at the end of the month, the bank’s CEO said on Friday. “We are now formalising these approvals, namely the indicators ...”
The president of the Development Bank said today that Portugal’s bid for an Artificial Intelligence (AI) gigafactory in Sines will be strengthened, including through increased planned investment, as he believes this will raise the chances of winning the competition run by the European Commission.
