Industry

Construction materials costs rose 6.5% in June on May while manpower costs also rose 6.5% (6.6% in May). The increase affected the price of building new build residential property according to [...]

A scarcity of raw materials and at a higher cost is causing problems for Portuguese industry, from metallurgic and real estate to textiles and footwear sectors. And maritime freight shipping [...]

Portugal has made it onto the Top 10 list of the most attractive countries for overseas investment. This is according to the EY Attractiveness Survey Portugal 2021 which reveals that 37% of those [...]

Portuguese footwear exports soar in April as the industry continues its path of recovery and is already on positive ground. In April, exports grew by 121% when compared to the same month of the [...]

Portugal’s Business Turnover Index enjoyed a like-for-like growth of 54.1% in April representing an increase of 37.5% percentage points on the previous month according to the National Statistics [...]

Promecel, which operates in the electrical and mechanical component sectors, is to build a new factory in Braga by the end of the year in an investment worth €2.5 million. Founded in May 1985, [...]

The Portuguese government has postponed the competition for contracts to extract lithium ore in Montalegre until the end of 2021. One of the reasons why has to do with the fact that the Mining [...]

Portuguese companies think that economic recovery will take more than a year. Around 41% of Portuguese entrepreneurs believe it will take over a year for their companies to recover to business [...]

Scores of companies and tens of hundreds of jobs in Portugal’s clothing textile industry are hanging on a thread in an industry that has already lost 5,000 jobs since 2020. Faced with the effects [...]

Can the EU and US forge a shiny new relationship from one stained by steely trade disputes?   The excellent trading relationship overall between Western Europe and the United States formed [...]