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The first phase of Portugal’s iconic Fuse Valley is starting soon with an investment of EUR 200 million.

Bright Pixel Capital, that belongs to Portuguese group Sonae, is investing USD 5 million in US startup Mayan.

US fund Platinum Equity is acquiring industrial waste company SUMA from Portuguese group Mota-Engil through Spanish company Urbaser.

Coca-Cola is investing EUR 8 M in a new warehouse in Setúbal, southern Portugal.

Portuguese Banks register profits of EUR 7 M per day, namely Caixa, Santander, Montepio, Novo Banco, BPI and Millennium BCP.

Portuguese home décor was honored by Elle Décor following the Paris Maison&Objet exhibition.

Private investments of over EUR 60 billion are expected in Portugal’s Energy sector by 2030.

The 1st injection of Green Hydrogen in Portugal’s natural gas network was done on the 7th in a ceremony with Prime Minister António Costa.

Portuguese company Coverflex just acquired EatsReady, an Italian company providing digital meal vouchers.

Portugal’s energy grid operator REN will distribute hydrogen under a new agreement signed with Spanish Enagás that operates infrastructure.

Portuguese CaetanoBus sells a fleet of Hydrogen buses to Deutsche Bahn, Germany’s national railway company.

AFP reports that Portugal’s textile sector has a competitive advantage over Asia and clients are now turning to Portugal.

Benetton will move half of its production to the Mediterranean as well as Portugal by the end of 2023, in order to diversify its sourcing.

Financial Times includes Portuguese companies in its FT1000 ranking 2023 of Europe’s Fastest Growing Companies.

US real estate investment and hospitality management firm ‎Highgate is entering the Portuguese market with 18 hotels. ‎

Imvizar has secured €800,000 for its Augmented Reality ‎platform for 4 countries including Portugal, Ireland, the US, ‎and Australia. ‎

EDP will increase capital by EUR 1 B to fund takeover bid for ‎EDP Brazil. ‎

Portuguese pharmaceutical company Bluepharma ‎invested EUR 30 million to produce potent oral drugs in one of the largest units in Europe.