The president of the Development Bank said Portugal will bolster its bid for an EU competition to site an Artificial Intelligence 'gigafactory' in Sines, including by increasing planned investment to improve chances of winning the project. Officials argue the move would create jobs and high‑tech capacity if selected, though competition across EU member states remains strong. Local authorities and potential investors should watch for further funding details and EU timelines.

TAP will invest €20 million to build a new maintenance hangar in Porto, a project the carrier says will take about two years and create nearly 200 jobs. The hub is intended to increase TAP's in-house maintenance capacity, reduce reliance on external providers and support new or strengthened routes (reports name Terceira, Praia, Tel Aviv and Boston). Porto residents and jobseekers should watch for recruitment and planning notices; passengers may see improved maintenance resilience and potential route growth over the next two years.

Compete will open five funding calls in January for large companies, accounting for roughly one third of the programme’s corporate allocation under Portugal 2030, the agency’s president told ECO dos Fundos. The calls come with strengthened support rates aimed at accelerating project implementation and unlocking private investment. For large firms, the tranche presents a concentrated opportunity to secure EU-backed grants that could expedite capital expenditure, support job-creating projects and align corporate investment with Portugal 2030 priorities. The measure also signals an administrative push to deploy funds faster, with potential sectoral and regional impacts depending on application uptake and award conditions.

The article analyses a surge in national defence innovation driven by a €5.8 billion SAFE loan—the largest single investment in the Armed Forces—positioning defence as a strategic area for both European and national investors. Key growth areas include drones, satellites and aircraft, with emphasis on R&D, dual‑use technologies and strengthened aerospace supply chains that can create jobs and boost exports. The piece examines how procurement reform, public‑private partnerships and targeted skills development are needed to translate investment into sustained industrial capacity and economic impact. It concludes that coherent policy and sustained funding will be essential to maximise technological and economic returns.

Julien Jarjoura, an investor based in Switzerland, has acquired Claire’s European business, preserving roughly 200 jobs in Portugal and maintaining the brand’s retail footprint across Europe. The purchase effectively separates the continental operation from insolvency proceedings affecting Claire’s in the United States, the United Kingdom and Ireland, stabilising local employment and stores while broader group restructuring and creditor processes continue.

Prime Minister Luís Montenegro uses his customary 1 January Jornal de Notícias article to renew a call for labour reform, urging a ‘winning mentality’ and changes to employment law and regulation. Framed as necessary for competitiveness and job creation, the piece signals his policy priorities and aims to steer public and political debate toward deregulation and legal adjustments. It functions both as a policy pitch and as political positioning ahead of upcoming labour‑market discussions.

The government will introduce compulsory Physical Education for 1st‑cycle pupils in public schools from the next school year, affecting around 330,000 children. The Budget Law commits to hiring the teachers needed to deliver the measure but does not specify how much will be invested or the number of weekly hours to be allocated. The lack of detail raises implementation questions — recruitment timelines, teacher training, regional distribution, and fiscal impact — and creates uncertainty about curriculum time and equity of provision across schools.

The Prime Minister has defended a government labour reform aimed at guaranteeing ‘decent wages’ by promoting better jobs and stronger pay protections, framing the measure as central to improving employment quality. Separately, António José Seguro urged an urgent restoration of social cohesion in Portugal, stressing that community rebuilding is necessary alongside policy reforms to address economic and social challenges.