International Business News - multilingual  

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.

The turnover of Portuguese group Mota-Engil reaches EUR 3.8 billion in 2022, that is an increase of 47% compared to 2021.

Portugal’s exports reached 50% of GDP in 2022.

Portuguese company OLI is selling water-efficient toilets to Qatar.

Portuguese wine Quinta D’Amares Alvarinho 2022 wins the highest distinction in Japan, the Diamond Medal, at the international competition.

Portuguese company Medway is investing EUR 45 million in trains to cross the Pyrenees.

Portugal’s new digital nomads are settling in Lagos in sunny Algarve.

Portuguese company Jerónimo Martins ranks in the Top 100 family businesses globally under the Global Family Business Index.

EDP will invest EUR 24 B in Green Energy by 2025 to reach the target of becoming 100% green.

Portuguese fund manager Horizon Equity Partners is investing EUR 15.3 M in 2 solar parks in Cascais, Portugal.

Portugal is one of the quickest countries to implement the EU Recovery and Resilience Plan (RRP).

Reservations for Easter in Portugal are reaching a 2-digit growth, at a rate that is completely unexpected.

Sales of Portuguese Corticeira Amorim reach EUR 1 billion in 2022.

B2B cross border e-commerce payments in Portugal are expected to reach USD 40 billion by 2024 with the use of online marketplaces.