VW cuts raise fears for Portugal auto suppliers
Portugal’s auto parts industry says Volkswagen’s planned production cuts could hit local suppliers, adding to expectations of another year of falling sales and job losses.
Mota-Engil wins €185 million in new Mexico contracts
Portugal’s Mota-Engil has secured two transport infrastructure contracts in Mexico worth about €185 million, expanding its order book in a key overseas market.
Portugal prepares NATO satellite surveillance entry
Portugal is preparing to join NATO’s APSS satellite surveillance initiative using its national Atlantic Constellation assets, linking its space programme to allied defence missions.
Portugal tightens rental rules and eases rent controls
Portugal’s government approved tougher tenant default rules and brought forward the end of rent controls on new leases, in a move aimed at boosting confidence and rental supply.
Algarve tourism slows as overnight stays edge down
Portugal’s top tourism region saw overnight stays fall 0.2% in 2025, even as revenue rose, highlighting a shift toward value growth and exposure to seasonality.
Portugal becomes EU’s ninth most populous country
Portugal has moved up to ninth place in the EU by population after a revision to resident estimates, as the bloc’s population rose for a fifth straight year.
ICEYE opens Lisbon hub as it expands in Portugal
Finnish satellite maker ICEYE has opened a Lisbon centre focused on software, systems integration and AI, deepening its expansion in Portugal’s growing space sector.
Govt requests suspending EU border system beyond September
“We would welcome the Commission providing, before 6 September 2026, concrete written assurances regarding this specific flexibility”, states Portugal, along with seven other countries, in a letter.
Portugal drew 29.9 million foreign tourists in 2025
Portugal’s tourism sector kept growing in 2025, but more slowly, with domestic demand outpacing foreign markets and reducing reliance on international visitors.
Number of new companies falls 4.1% in H1
When comparing first halves of the year, this is the lowest figure since 2023, Informa D&B said, following a new all-time high in business start-ups reached in 2025.
Portugal plans overhaul of business licensing rules
Portugal’s government plans a new code for business licensing, aiming to cut delays and uncertainty for companies through faster approvals and fewer prior inspections.
Castlelake’s EasyJet bid may lift TAP sale valuation
Castlelake’s £5.5 billion move on EasyJet could support a higher valuation for TAP as Portugal advances the airline’s partial privatisation.
Tekever buys Portuguese AI startup Cloudsweep
Tekever has acquired Portuguese startup Cloudsweep, deepening its AI push as the defence technology group expands software and autonomous systems capabilities.
Portugal reviews foreign investment screening overhaul
Portugal is weighing how to implement new EU rules that will make prior approval mandatory for foreign investment in sensitive sectors by 2028.
Largest increase in defence spending in last decade in 2025
Analysing the annual trend in expenditure since 2015, it is clear that Portugal had never before increased its investment in this area so significantly in a single year.
Permira buys stake in Portugal’s Quadrante
Permira has acquired a stake in Portuguese engineering group Quadrante to back its international growth, with a particular focus on expanding in the US.
Another 360 officers bolster airport immigration service
367 officers will be deployed to the airports in Lisbon (170), Porto (78), Faro (69), Funchal (29), and the Azores (21), and will continue to carry out duties at these posts after the placement.
Portugal posts EU’s biggest house price rise in Q1
Portugal recorded the sharpest annual increase in house prices in the EU in the first quarter, underlining continued pressure in the country’s housing market.
Portugal’s space sector added €1.2bn to GDP in six years
Portugal’s space sector contributed €1.2 billion to GDP between 2019 and 2024, underlining the industry’s growing economic weight and policy relevance.
Portugal fights €500 million pandemic toll claims
Portugal will contest motorway operators’ pandemic compensation claims, a dispute worth about €500 million with implications for concession contracts and investor confidence.
Galp sees 100,000 jobs from Matosinhos redevelopment
Galp says its planned Innovation District on the former Matosinhos refinery site could add about €2 billion a year to Portugal’s economy over 30 years.
Mota-Engil nears win in US Muddy Waters case
A Texas judge has recommended dismissing Muddy Waters’ defamation case against Mota-Engil, a step that could end the dispute without trial.
Portugal battery auction seen trailing Spain for investors
Portugal’s planned battery auction is welcomed by the sector, but executives say its design may make it less attractive than Spain’s for energy storage investment.
Brussels closes TAP restructuring plan ahead of sale
The European Commission has signed off TAP’s restructuring, lifting fleet limits and giving Portugal more clarity as it prepares the airline’s privatisation.