TAP targets defence to expand maintenance business
TAP says rising defence spending in Europe could help grow its maintenance unit, with the airline also seeing privatisation as a possible accelerator.
Mota-Engil set to sign Congo rail concession,
Portugal’s Mota-Engil is due to sign a 30-year rail concession in Congo, extending its role in the Lobito Corridor and potentially unlocking up to $1 billion in US backing.
Mota-Engil adds €685m to backlog with Nigeria, Peru jobs
Portuguese builder Mota-Engil said new work in Nigeria and Peru will add about €685 million to its order backlog, strengthening exposure to transport infrastructure in Africa and Latin America.
Portugal green hydrogen pipeline thins as few projects near…
Only about a quarter of Portugal’s green hydrogen projects have been cleared to proceed, with a handful nearing start-up as developers wait for clearer rules and support.
Volkswagen says Autoeuropa keeps ID.Every1 plan
Volkswagen told ECO it still plans to build the production version of the ID.Every1 at its Palmela plant, despite a global restructuring that could reshape European output.
CTT sees EU rule changes opening door to acquisitions
CTT says new EU e-commerce rules are reshaping logistics flows and could create acquisition opportunities as smaller customs operators struggle with added complexity.
Portugal joins push for EU debate on windfall tax
Portugal and five other EU countries want ministers to discuss a common windfall tax on energy profits in September, seeking a coordinated response to higher energy prices.
Five Portuguese defence companies to watch
ECO/eRadar has identified five Portuguese defence-linked companies whose expansion plans and projects could shape a fast-growing sector with international reach.
Belenenses plans APEX-backed football company
Belenenses wants to open its football company to investment platform APEX, a move aimed at funding growth and supporting a return to Portugal’s top league.
Estrela da Amadora sells 90% of SAD for €40 million
Portugal’s Estrela da Amadora has agreed to sell 90% of its football company for €40 million to a German investor group, in a deal that values a top-flight club asset.
Portugal debt market buffer may not shield 2027 budget
Portugal’s stronger public finances are cushioning the global bond sell-off, but rising borrowing costs are still set to weigh on the country’s 2027 budget plans.
State’s REN stake purchase has no budget impact, INE says
Portugal’s purchase of 13.7% of grid operator REN will not affect the budget balance or public debt directly, according to the national statistics office.
Tourist spending in Portugal rises 4.2% in first half
Tourists spent €12.87 billion in Portugal in the first six months of 2026, extending growth in a key sector for the country’s economy.
Active Space wins €3m satellite order, targets Middle East
Portugal’s Active Space Technologies has secured its largest satellite components order, worth up to €3 million, as it also prepares to expand into Middle Eastern markets.
US praises Portugal’s move on energy sovereignty
The US embassy in Lisbon welcomed Portugal’s efforts to strengthen energy security after the state bought 13.7% of grid operator REN.
Experts doubt REN stake will cut Portugal power bills
Energy specialists told ECO the state’s return to REN is unlikely to lower electricity prices and say Portugal should debate a different grid governance model.
Ana Maria Lopes named head of Microsoft Portugal
Microsoft has appointed Ana Maria Lopes to lead its Portugal business from September 1, a management change that matters for the company’s local market strategy.
Renfe starts approval process for Portugal high-speed trains
Spain’s Renfe is preparing 30 trains for possible high-speed services in Portugal, a move that could shape future cross-border rail links and competition.
Portugal M&A activity falls to €4.5bn by July
Deals involving Portuguese companies fell sharply in the first seven months of 2026, with M&A value down to €4.5 billion as real estate remained the busiest sector.
TAP sale may recover only part of state bailout
Portugal’s government says TAP’s partial privatisation can start repaying €3.34 billion put into the airline, but the gap would remain large under current estimates.
Foreign states hold over 15% of Portugal’s PSI
State-backed investors from Angola and China hold more than 15% of Portugal’s main stock index, highlighting the weight of public capital in Lisbon’s market.
Mota-Engil separates mining services into new unit
Mota-Engil has created a standalone mining services company, a move that could pave the way for new investors in a business that generated €732 million last year.
Portugal tourism shifts from volume to higher spending
Portugal’s tourism industry is seeing slower growth in visitor numbers but higher revenue, as regions push premium hotels, events and outdoor travel to lift spending.
Portugal tourism shifts from boom to value focus
Portugal’s tourism sector is still growing, but at a slower pace, prompting industry leaders to shift the focus from visitor numbers to value created.