Norway wealth fund hits record exposure to Portugal
Norway’s sovereign wealth fund had a record 27.3 billion kroner invested in Portugal at end-June, underlining its weight in the country’s stock and bond markets.
Portugal tightens lobbying rules for minister contacts
From Friday, contacts between lobbyists and Portugal’s government must be recorded and, in some cases, disclosed, tightening transparency around attempts to influence policy.
Jacinto to invest €3 million in defence vehicle unit
Portugal’s Jacinto is creating a dedicated defence unit with a €3 million factory investment, targeting export markets as European military spending rises.
Astrotourism gains ground in Portugal beyond eclipse
A solar eclipse is drawing visitors to Portugal, but tourism linked to dark skies is expanding year-round and bringing new business to inland regions.
EDP faces €1.4bn in tax disputes across several countries
EDP faces €1.4 billion in tax contingencies in countries including Portugal, Brazil and the US, highlighting potential financial and legal exposure for one of Portugal’s biggest companies.
BCP says investors would step in if Fosun exits
Portugal’s BCP says institutional investors could replace Fosun if the Chinese group sells its 20.5% stake, signalling confidence in demand for the bank’s shares.
Alstom and Talgo vie for CP high-speed train contract
France’s Alstom and Spain’s Talgo have bid to supply CP’s future 300 km/h trains, a contract worth up to €584 million and central to Portugal’s rail upgrade.
Sonae Sierra eyes Portugal mall deals after Spain buy
After a €1.5 billion shopping-centre deal in Spain, Sonae Sierra and Norway’s sovereign wealth fund are assessing selective new investments in Iberia, including Portugal.
US sanctions Portuguese firm over Iran helicopter case
A Portuguese company has been sanctioned by the US after being identified in an FBI investigation into alleged helicopter sales to Iran, raising compliance risks for cross-border business.
Solar eclipse to cut Portugal’s solar output by 45%
Portugal’s grid operator expects a sharp drop in solar generation during the August 12 eclipse, requiring extra hydro or thermal backup to keep the system balanced.
Pingo Doce gains on Continente. Lidl widens gap to Mercadona
Portugal’s top two grocers still control half the market, but Pingo Doce narrowed the gap to leader Continente while Lidl pulled further ahead of Mercadona.
Scooter operators oppose Lisbon ban referendum plan
Bolt, Lime and Byrd have challenged a proposal for a Lisbon referendum on shared e-scooters, arguing a ban would remove a regulated mobility service without fixing safety issues.
Portugal overtakes Spain in global footwear output
Portugal rose to 18th among global shoe producers in 2025, overtaking Spain and lifting its average export price by 2.5%, underlining its focus on higher-value segments.
Portugal estate agencies lift revenue despite fewer sales
Portugal’s biggest estate agency networks increased revenue in the first half even as home transactions fell, showing how rising prices and tight supply are reshaping the market.
Portugal open to workers with jobs and housing
Portugal will make entry “very easy” for immigrants with a job and a home, the economy minister said, as the government links migration policy to a tight labour market.
Portugal to back AI gigafactory as customer, not owner
Portugal’s €200 million pledge for a planned AI gigafactory would buy computing capacity rather than give the state an equity stake, a key point for investors.
Novobanco first-half profit falls 15.6% to €367 million
Novobanco’s first-half profit fell as higher taxes and costs linked to its sale to BPCE weighed on earnings, despite continued loan growth.
CP gets two bids in high-speed train tender
Portugal’s state rail operator has received two applications for a €584 million high-speed train contract, a key step in its plan to launch new passenger services.
SEDES urges action to protect Sines refinery in Galp deal
SEDES has urged Portugal’s leaders to safeguard the Sines refinery in Galp’s planned downstream tie-up with Moeve, arguing the asset is strategic for supply security.
Lufthansa says TAP would boost South America position
Lufthansa CEO Carsten Spohr said TAP would strengthen the group in Portugal and Latin America, underlining the strategic logic behind its bid for the Portuguese airline.
Flights to Comporta. How do they work and when do they start
VIC Properties and Vertical Aerospace are to look into flight connections to the Pinheirinho development, where the Six Senses Comporta will be located. Here’s what we know so far.
Barrière plans overhaul of Póvoa casino, Lisbon hotel
France’s Barrière says it will modernise Casino da Póvoa, add gaming capacity and pursue a Lisbon hotel project, signalling a broader push into Portugal.
Portugal backs EU emergency meeting on Ceuta
Portugal’s prime minister backed an emergency EU interior ministers’ meeting on Ceuta, signalling support for a coordinated response to the migration crisis at Spain’s border.
Natixis targets 1,000 staff in Lisbon by end-2028
Natixis plans to grow its new Lisbon hub to 1,000 employees by end-2028, expanding its Portugal footprint as the BPCE group deepens its presence in the country.