Construction

A competitive tender to build the Oiã-Soure stretch of the high-speed rail links between Porto and Lisbon has only one company consortium interested in doing the job – Mota-Engil. This is [...]

The cost of building new homes in Portugal increased 3.4% in May in like-for-like terms on the same month in 2023, +0.1% more than in April according to the National Statistics Institute. (INE) [...]

Spain’s construction company Ferrovial has been awarded a more than €100 million contract to widen the IP3 dual carriageway between Santa Comba Dão and Viseu. A Portuguese consortium led by [...]

The Portuguese construction company Mota-Engil saw profits soar by 54% in the first quarter of the year. Bringing in €20 million, it was the company’s best Q1 results in its history. Business [...]

A new information site about 25 large construction projects in Angola was unveiled recently at the Pestana Palace hotel in Lisbon. The site has two objectives; on the one hand to provide [...]

High taxes in Portugal are the main reason why developers can’t build new affordable housing for the Portuguese middle classes. This is according to Hugo Santos Ferreira, President of the [...]

The Portuguese construction company Teixeira Duarte cut 800 jobs in 2023 when the construction firm posted losses of €3 million. The company now has 8,689 employees from 42 different [...]

A Portuguese construction association boss says the country needs 45,000 new build houses to solve Portugal’s chronic affordable housing shortage. The President of the Association of Civil [...]

The headquarters of the bankrupt Portuguese construction firm Soares da Costa in Vila Nova da Gaia (Porto) has only managed to achieve a maximum bid of €4.5 million in a second auction, well [...]

The Portuguese construction firm Martifer saw its profits soar by 48% with record orders worth €753 million in 2023. The group, controlled by the Martins brothers and Mota-Engil, closed 2023 with [...]