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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. ‎

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

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).

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.

Portugal & Spain will invest EUR 500 million in nuclear fusion with the aim of including this source of energy in the electricity grid.