Industry

The electrical and transport systems infrastructure company Efacec has secured a €45 million loan which will help it to meet its order book until a potential buyer can be found. Novo Banco, CGD, [...]

The minister for the Economy, Pedro Siza Vieira, is confident that the reprivatisation process of Efacec will be completed by the end of the year. The only company now in the running for the [...]

The Portuguese group Simoldes is to invest €27 million in a new factory in Zory in Poland in what will be the 24th factory for the largest European manufacturer of steel molds for plastics. [...]

  Novo Banco has sold the old premises of Lisgráfica on an industrial park at Queluz de Baixo in Oeiras. In what has been called the industrial sale of the year, the 48,000m2 Gross [...]

The Sino-Portuguese construction giant Mota-Engil has been awarded a €140 million contract through its Brazilian subsidiary Impresa Construtora Brasil in a consortium with a local firm, Sea [...]

Some of the proposed additional last-minute changes to Portugal’s labour law outlined in the State Budget for 2022 will be a serious stumbling block to economic development in Portugal. This is [...]

Portugal’s energy company Galp and UK mining company Savannah are pressing ahead with the building of a lithium refinery in Portugal. The government has officially recognised the project which [...]

The cost for the government of selling the State-owned electrical systems company Efacec could amount to €80 million. This is according to the parliamentary group PAN (People, Animals and Nature) [...]

Industrial business turnover in Portugal grew 11.8% in July which equates to a slowdown by seven percentage points compared to June when it had been 18.8%. This is according to the latest monthly [...]

The Swiss multinational Fischer Connectors which specialises in high-tech cable connectors has chosen Portugal to expand its business by investing €5.6 million in building a new electronics [...]