International Business News - multilingual  

Christian Louboutin’s red hotel is opening in southern Portugal, in Melides, Setúbal.

Spanish Mercadona is investing EUR 225 M in Portugal’s logistics sector in Almeirim, Santarém, that is a one-hour drive north of Lisbon.

Portugal has decided to be pro-active in the face of the current housing crisis and has just approved a bold Package for More Housing.

Made-in-Portugal EV Charging Stations will be exported to one of the main Australian car manufacturers, Custom Denning.

Portugal approved Green Hydrogen projects amounting to EUR 102 million from the funds of the Recovery and Resilience Plan (PRR).

The European Scaleup Institute was launched with the collaboration of NOVA SBE Haddad Entrepreneurship Institute in Portugal.

Portugal has invested EUR 100 million in a state-of-the-art air traffic control system for their Lisbon airport.

Income from local tourist accommodation in Portugal has more than doubled for 2022.

Indian real-estate investments in Portugal have reached new highs with India now ranked in the Top 4 nations to obtain a Golden Visa in 2022

EDP Renewables, a leading renewable energy company based in Madrid, just signed a 78 MW wind PPA with Greek MYTILINEOS.

Portuguese IPN Incubator ranks in the Top 10 University Business Incubators 2022 according to the UBI Global ranking.

Galp posted profits of EUR 881 million in 2022, that is nearly double the amount of EUR 457 million for 2021, according to CMVM.

Portuguese energy company Galp has signed an agreement to sell assets in Angola for U$ 830 million to Somoil Angola.

Microsoft announced a partnership with CTT, Portugal’s national postal service on Feb 13th, that aims at innovating in the logistics sector.

Governments from European countries are trying to mitigate inflation to help hard-hit consumers and companies.

Portugal is launching an interoperable Single Transport Card called “1Bilhete.pt”.

Portugal has received the first of the 18 subway trains bought for nearly EUR 50 M from Chinese company CRRC Tangshan for the Porto metro.

Kronos Real Estate investments in Portugal represent a potential of more than EUR 1 billion in property sales, mainly across the Algarve.