The Icelandic airline Loftleoir, part of the Icelandair group, has made an acquisition bid for 49% of Azores airline SATA International. SATA states in a communiqué that the “proposal will be [...]
A new Portuguese company that makes unique windows has seen its export production soar by 40%. FWD is the only European company manufacturing fibreglass windows. The startup exports 40% of its [...]
Galp Energia reported profits of €387 million in the first half of 2018, up 68% on the same period in 2017. The improved results are down to increased production and an increase in petrol prices. [...]
Portuguese media companies are turning the corner from the 2008-2015 crisis with increased revenues and profits. According to results for the first half of 2018 posted by the three media groups [...]
Considered the best business magazine for entrepreneurs in the world, online business magazine Insight Success has voted Portuguese company Vortal as one of the 10 Most Disruptive Companies in [...]
An iconic Lisbon building which once belonged to the Baptista Russo family is to become the flagship store of sport retail outlet Decathlon. The building, which stood empty and dilapidated for [...]
The latest phase of Living Prata Concept, the largest property development project in Lisbon, at Marvila, has been officially launched this week. With 32 further properties for sale, the project [...]
Portuguese bank BPI has gone from losses to a profit of €366.1 million in the first quarter of 2018 partly thanks to asset selloffs. The Spanish-owned bank, led by Pablo Forero, had registered a [...]
Profits for Portuguese telecoms company NOS were up 10% in the first half of 2018. The company said that profits topped €80 million while investment reached €100 million on the back of 5G. Growth [...]
Portuguese clothing unicorn Farfetch has purchased CuriosityChina, a Chinese digital marketing agency. According to Bloomberg, the purchase will enable Farfetch founder José Neves to extend his [...]