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.
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.
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.
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.
Nobel-winning economist urges Portugal to reform courts
James Robinson told ECO Portugal needs more ambition and faster reforms, arguing quicker court decisions could unlock growth and restore confidence in state institutions.
Estonia considers buying drones from Portugal’s Tekever
Estonia is considering buying drones from Portuguese company Tekever through a public procurement process, a potential export boost for Portugal’s defence industry.
Portugal approves 33% windfall tax on oil profits
Portugal’s government has approved a temporary 33% levy on excess profits from oil extraction and refining in 2026, targeting revenue for households, businesses and decarbonisation.
Allianz Portugal agrees to buy insurer Caravela
Allianz Portugal has agreed to acquire Caravela, a deal that would lift its market share and push annual written premiums above €1 billion in Portugal.
Jerónimo Martins H1 profit falls as sales rise 5.1%
Portugal’s Jerónimo Martins posted a 3.4% drop in first-half profit despite higher sales, highlighting pressure on food retail margins in its main markets.
Sonae posts record €5.6 billion first-half revenue
Portuguese group Sonae reported record first-half revenue of €5.6 billion and a 20.5% rise in net profit, driven mainly by food retail and growth across its portfolio.
BCP posts €565.5 million first-half profit
Portugal’s largest private bank reported a 12.7% rise in first-half profit, extending the momentum after its record 2025 result.
Air France-KLM, Lufthansa file binding bids for TAP
Air France-KLM and Lufthansa have submitted binding offers for 44.5% of TAP, advancing Portugal’s airline privatisation and setting up a key government choice by September.
Vodafone picks Lisbon for global cyber hub
Vodafone will open a global cybersecurity centre in Lisbon, adding a new tech investment in Portugal and initially creating about 40 jobs.
EDP Renewables nearly doubles first-half profit
EDP Renewables reported first-half net profit of €184 million, almost double a year earlier, as operational performance and asset rotation gains lifted earnings.
Lufthansa and Air France-KLM face off in TAP sale
Binding bids for 49.9% of TAP are due on Wednesday, setting up a final contest between Lufthansa and Air France-KLM for Portugal’s flag carrier.
Meo and Thales seek role in EU IRIS2 satellite network
Portugal’s Meo and Thales plan a joint bid to support the EU’s IRIS2 satellite constellation, a project aimed at secure European connectivity.
EDP Renováveis sells US solar and battery stake
EDP Renováveis has agreed to sell 80% of a US solar and battery portfolio, highlighting the importance of the American market to the Portuguese group’s investment plan.
TAP stake on sale valued near €1 billion
An evaluation prepared for ECO values TAP at about five times its 2015 privatisation level, as binding bids from Air France-KLM and Lufthansa are due this week.
Mutares seeks Efacec compensation from Portuguese state
Mutares has asked Portugal’s state holding Parpública to cover Efacec liabilities under the sale contract, but part of the claimed amounts remains disputed.
Galp first-half profit jumps 44%, plans higher dividend
Galp’s first-half profit rose to €812 million as higher oil prices lifted earnings, prompting the Portuguese energy group to plan a 10% increase in its annual dividend.
ANA unveils Lisbon airport project with €7.9bn-€8.9bn cost
ANA has presented the technical design for Lisbon’s new airport, with an estimated cost of €7.9 billion to €8.9 billion, advancing one of western Europe’s biggest infrastructure projects.