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Portugal invests 26.5 million euros for a mega urban transformation project to extend Lisbon - Portugal Business News Real Estate News Europe - Portugal is investing 26.5 million euros to launch a mega urban transformation project, the Parks of the Tagus Cities (Parques Cidades do Tejo), to extend Lisbon by 4,500 hectares, that equals 55 times the size of Lisbon’s Park of the Nations also known as Expo.   Lisbon’s new mega urban development, Parks of the Tagus Cities (Parques Cidades do Tejo), is a complete urban transformation project that includes several municipalities on both banks of the River Tagus. Lisbon’s future Airport is also included in the mega urban development project that will give rise to a new sustainable city that will rival modern capitals globally and will link Madrid with a new high-speed line.     The highlights of Lisbon’s new mega urban development, Parks of the Tagus Cities (Parques Cidades do Tejo), include:   1 – The future Airport City 2 - The Lisbon-Madrid High Speed ​​Line 3 - The future Opera house Ópera Tejo 4 - A new International Congress Centre 5 - The Third Tagus Crossing (TTT bridge) 6 - The underwater tunnel between Trafaria and Algés on both sides of the Tagus River 7 - 30 km of new Metro lines in Lisbon with 35 stations for sustainable mobility 8 - The extension of the Metro Sul do Tejo (South Tagus metro) 9 - New intermodal connections between main stations (LIOS Oriental and SATUO) 10 - Transtejo Soflusa for electric river transport on the Tagus river   Portugal’s overall investment in the sustainable transport and mobility sector for its new mega urban development, Parks of the Tagus Cities (Parques Cidades do Tejo), is estimated to be 9,886 million euros.   Lisbon’s new Parks of the Tagus Cities urban development will lead to the construction of more than 26,000 homes, leisure areas, research centers and cultural facilities, and will lead to the creation of 200,000 jobs.     The urban development of Lisbon’s Parks of the Tagus Cities (Parques Cidades do Tejo), includes: 1 - 1,100,000 m² allocated to public facilities; 2 - 2,500,000 m² for economic activities; 3 – The increase in the public transport quota from 24% to 35%; 4 – The requalification of public lands such as the old Margueira, Baía do Tejo and the Ocean Campus.     With this new mega urban transformation project to extend Lisbon, Portugal’s Government aims to create a new sustainable, cohesive and modern metropolitan axis, reinforcing the region's attractiveness and promoting access to housing, mobility and innovation.

How to design an industrial kitchen in Portugal? - Portugal Business News Thinking of creating an industrial kitchen in your home or business? Whether you run a restaurant, café, bakery or even have a space to share with friends in your home, the truth is that having a well-designed industrial kitchen is essential if you are looking to ensure efficiency, safety and excellent performance in food preparation. But this is not a simple task. Some basic knowledge is required. That is why, below, we offer you a practical guide with recommendations and tips for designing the industrial kitchen of your dreams, and we will also tell you about the advantages of this type of installation. All this will be done by Vallmed , a company specialised in the design and assembly of industrial kitchens in Portugal, which can help you to turn your project into reality. Let's get to work! Advantages of having an industrial kitchen Before delving into the subject of the design itself, let's start by explaining the advantages of having an industrial kitchen in your business or home . Because if you are still not totally convinced about embarking on this project, this will surely clear up your doubts: Increased efficiency and productivity: industrial kitchens are designed to optimise food preparation, cooking and serving processes, allowing you to serve more customers, or friends, in less time. Safety and compliance: these kitchens comply with strict hygiene and sanitary regulations, ensuring a safe environment for both those who work in them and the consumers of the products. Durability and resistance: the materials used in industrial kitchens are generally of high quality to ensure a long service life and less maintenance. Versatility and customisation: this type of cooker can be adapted to your specific needs, with different configurations, colours and equipment, depending on the use it is going to have and the products you are going to prepare. Added value to your business: don't forget that a modern and functional kitchen increases the perception of professionalism and quality, attracting more customers and improving the reputation of your business. How to design an industrial kitchen in Portugal: key recommendations The process of designing an industrial kitchen, whether in Portugal or anywhere else in the world, requires careful planning and attention to essential details . But to help you make your project a success, we share with you the most important recommendations. Define the space and its layout Before you start selecting materials or equipment, you need to take some time to assess the space available. To do this, consider aspects such as: Size and shape of the area: clearly determine what the preparation, cooking, storage and cleaning areas will be. Work flow: design a layout that allows for efficient circulation, avoiding unnecessary crossings and facilitating the movement of staff. Accessibility: ensure that all elements are accessible and ergonomic to reduce fatigue and improve productivity. Ideally, at this point you should seek advice from experts in the field, such as the company Vallmed , who have extensive experience in the design and installation of this type of kitchen in Portugal. They will surely be able to help you make the best decisions. Choosing the right materials Once you have defined all of the above, it is time to choose the right materials for your project. Some recommended options would be: Stainless steel: this is the star material in industrial kitchens due to its durability, hygiene and ease of cleaning. Scratch and stain resistant surfaces: for worktops and work tables. Non-slip and resistant floors: they ensure the safety of personnel and support the weight of heavy equipment. Vallmed industrial kitchen design  is always based on the use of the highest quality materials, resistant to humidity, heat and intensive use, which are selected according to your tastes and needs. Selecting the right equipment Of course, the equipment of the space must be functional, efficient and perfectly adapted to your gastronomic offer. However, among the essential elements to include are: Industrial kitchens and professional ovens. Efficient extractor hoods. Industrial dishwashers. Refrigeration and freezing equipment. Sinks and washing stations. Storage in sturdy shelves and cabinets. Consider regulatory and hygiene aspects In Portugal, hygiene and sanitary regulations are strict, so it is crucial that your project complies with all legal requirements . In this respect, Vallmed works closely with its clients to ensure that each project complies with current regulations, as well as optimising the layout to facilitate cleaning and maintenance. Planning lighting and ventilation Good lighting is also key to safety and efficiency. Opt for energy-saving LED lights with good luminosity. As for ventilation , it is best to use extractor hoods and adequate ventilation systems to avoid the accumulation of fumes and odours and maintain a healthy environment. Aesthetic design and personalisation And although functionality is a priority, we cannot forget that the visual aspect is also important. At Vallmed you will find customised solutions, where you can choose colours, finishes and designs that reflect the identity of your business or your personal style if it is a domestic project. Vallmed's working methodology As you may have noticed, working with Vallmed guarantees a structured process with no surprises. The installation of industrial kitchens Vallmed  follows a clear methodology that includes several relevant phases: Project: where a made-to-measure design is carried out, taking into account your ideas, needs and current regulations. Installation planning: they take care of the organisation of time and resources for an efficient installation. Installation and commissioning: an assembly run with quality control and functional tests. Maintenance: after-sales services to ensure the durability and correct functioning of your industrial kitchen. This holistic approach minimises risks and ensures an optimal outcome , where problems are solved before they arise. So, if you are looking for a tailor-made solution for the design of your industrial kitchen, with the guarantee of high quality materials and a professional team that accompanies you at every stage, do not hesitate to contact Vallmed . Their experience in kitchen design and installation will make your project a successful reality.

How to get a job in Portugal under the Green Lane (Via Verde) visa? - Portugal Business News Immigration News Europe - How to get a job in Portugal under the new Green Lane (Via Verde) visa for immigrating and working in Portugal?   Portugal just launched a Green Lane for immigration in order to put an end to the “unregulated entry” of immigrants, while facilitating and speeding up the process for delivering work visas for foreigners.   Portugal’s new Green Lane for immigration makes it possible for residence visas to Portugal to be issued in just 20 working days based on a job offer, provided that all documentary requirements are met.   Here is how to get a job in Portugal under the Green Lane (Via Verde) visa, including how to receive an employment contract, who are the potential employers, what is the process to be followed, what documents are required and what are the obligations of Employers under Portugal’s Green Lane (Via Verde) visa:   1 – How to receive an employment contract under Portugal’s Green Lane (Via Verde) visa? An employment contract under Portugal’s Green Lane (Via Verde) visa can only be obtained through:   1 - Employers' confederations, 2 - Business associations of at least 30 members and a turnover of at least 250 million euros per year, 3 - Companies that have at least 150 employees and a turnover of at least 20 million per year, having no debts to Social Security or the Tax Authority, and a valid permanent certificate code.     2 – Who are the potential employers under Portugal’s Green Lane (Via Verde) visa? The potential employers under Portugal’s Green Lane (Via Verde) visa are:   1 - The Association of Civil Construction and Public Works Industrialists (AICCOPN). AICCOPN has so far registered interest from around 60 companies, but this number increases every day. 2 - Employers' confederations, large Business associations and large companies 3 – For Portuguese-speaking countries: Direção-Geral dos Assuntos Consulares e das Comunidades Portuguesas     3 – What is the process to obtain   Portugal’s Green Lane (Via Verde) visa? 1 – The visa request to obtain a visa for a job in Portugal is made outside of Portugal at the relevant consular post. 2 - The potential employer must send an email to the Directorate General for Consular Affairs and Portuguese Communities with all the necessary documentation to apply for a visa. 3 - Then, within two days, the process is forwarded to the corresponding consular post to schedule an appointment for the applicants. 4 - The application will be analyzed, and the visa issuance process will begin.  5 - Visas must be issued within 20 days from the date the applicant is seen at the consular post and provided that the legal requirements are met.     4 - What documents are required to request Portugal’s Green Lane (Via Verde) visa? 1 - A valid and current passport 2 – A Portuguese Tax number (NIF) – there are specialized service providers online 3 – A Portuguese Social Security Number (NISS) if it has already been assigned, 4 - An employment contract, 5 - Health insurance 6 - Travel insurance. 5 – What are the obligations of Employers under Portugal’s Green Lane (Via Verde) visa? Employers who propose a work contract to foreigners are obligated under Portuguese Law to provide the following:   1 – The employment contract must   guarantee access to adequate accommodation .  2 - The employment contract must guarantee ethical recruitment 3 - The employment contract must provide the opportunity for professional training 4 - The employment contract must provide the opportunity for learning the Portuguese language

What are the best-selling car brands & types in Europe in 2025? - Portugal Business News Automotive News Europe - Here are the best-selling car brands and engine types in Europe in April 2025, and how sales of Chinese car brands in Europe compare to others despite the imposition of tariffs by the EU, according to a study by JATO Dynamics:   Data for 28 European nations shows that new passenger car registrations in Europe for the period between January and April 2025, totaled 4,467,681 cars, that is 6,560 more cars than during the same period of 2024.   The best-selling new passenger car sales in Europe by engine type in April 2025 were Petrol cars, followed by HEV cars (Hybrid Electric Vehicles).     1 - Top 10 best-selling passenger car brands and engine types in Europe in 2025:   1 – Renault Clio   Renault Clio ranks No 1 best-selling passenger car brand in Europe in April 2025, with 18,997 units sold.   The best-selling car types for Renault Clio were petrol cars  with 43%, followed by HEV with 28%.       2 – Dacia Sandero   Dacia Sandero ranks 2nd best-selling passenger car brand in Europe in April 2025, with 18,590 units sold.   The best-selling car types for Dacia Sandero were LPG cars  with 55%, followed by petrol cars with 45%.       3 – Peugeot 208   Peugeot 208 ranks 3rd best-selling passenger car brand in Europe in April 2025, with 16,529 units sold.   The best-selling car types for Peugeot 208 were petrol cars  with 90%, followed by BEV cars with 10%.       4 – Volkswagen Tiguan   Volkswagen Tiguan ranks 4th best-selling passenger car brand in Europe in April 2025, with 16,277 units sold.   The best-selling car types for Volkswagen Tiguan were diesel cars  with 35%, followed by petrol cars with 33%.       5 – Citroen C3   Citroen C3 ranks 5th best-selling passenger car brand in Europe in April 2025, with 16,113 units sold.   The best-selling car types for Citroen C3 were petrol cars  with 75%, followed by BEV cars with 25%.     6 – Toyota Yaris Cross     Toyota Yaris Cross ranks 6th best-selling passenger car brand in Europe in April 2025, with 15,989 units sold.   The best-selling car types for Toyota Yaris Cross were HEV cars  with 100%.     7 – Dacia Duster   Dacia Duster ranks 7th best-selling passenger car brand in Europe in April 2025, with 15,900 units sold.   The best-selling car types for Dacia Duster were HEV cars  with 100%.     8 – Volkswagen Golf   Volkswagen Golf ranks 8th best-selling passenger car brand in Europe in April 2025, with 15,575 units sold.   The best-selling car types for Volkswagen Golf were Petrol cars  with 67%, followed by diesel with 20%.     9 – Volkswagen T-Roc   Volkswagen T-Roc ranks 9th best-selling passenger car brand in Europe in April 2025, with 15,575 units sold.   The best-selling car types for Volkswagen T-Roc were Petrol cars  with 84%, followed by diesel with 16%.     10 – Toyota Yaris   Toyota Yaris ranks 10th best-selling passenger car brand in Europe in April 2025, with 15,277 units sold.   The best-selling car types for Toyota Yaris were HEV cars  with 98%, followed by petrol with 2%.     2 – How do sales of Chinese car brands in Europe compare to others in 2025?   Despite the imposition of tariffs by the EU, registrations of electric cars made by Chinese automakers in April 2025 rose by 59% year on year, reaching almost 15,300 units.  Within the electric cars segment, carmakers from Europe, Japan, Korea and the US recorded an increase of 26%.   Byd outsold Tesla in Europe in April 2025 and Chinese car brands now account for almost 10% of the total number of PHEVs registered in Europe.

Spain wins most bids for the €1 billion awarded by the European Hydrogen Bank - Portugal Business News Renewable Energy News EU - Spain wins most bids for the €1 billion awarded by the European Hydrogen Bank, with 8 out of the 15 projects awarded to Spain. Here are the countries that obtained nearly 1 billion awarded by the European Hydrogen Bank on May 20, 2025:   The 15 renewable hydrogen production projects awarded under the second European Hydrogen Bank auction for public funding are expected to produce nearly 2.2 million tons of renewable hydrogen over ten years, avoiding more than 15 million tons of CO₂ emissions.   The projects awarded under the European Hydrogen Bank will receive a total of €992 million in EU funding, from the Innovation Fund that is sourced from the EU Emissions Trading System (ETS) and the agreements are expected to be signed by September/October 2025.     Here is the list of countries that obtained the €1 billion awarded by the European Hydrogen Bank: 1 – Spain Spain was awarded the majority of the 15 bids for the €1 billion awarded by the European Hydrogen Bank.   Here are the 8 hydrogen projects that were awarded to Spain under the European Hydrogen Bank and the bid price in euros per kilograms: 1 – VILLAMARTIN H2, by GALENA RENOVABLES 6, S.L – at a bid price of 0.2 euros/kg. 2 – PUERTO SERRANO H2 by GALENA RENOVABLES 7, S.L – at a bid price of 0.25 euros/kg. 3 – SolWinHy by Viridy RE GmBH – at a bid price of 0.4 euros/kg. 4 – H2LZ by IGNIS HIDROGENO ALFA – at a bid price of 0.41 euros/kg. 5 – AGS by ARMONIA GREEN SEVILLA – at a bid price of 0.41 euros/kg. 6 – AGG280 by ARMONIA GREEN GALICIA, S.L – at a bid price of 0.42 euros/kg. 7 – H2CRI by GREEN DEVCO ENERGY 6, S.L.U – at a bid price of 0.44 euros/kg. 8 – TORDESILLASH2 by Elawan Energy – at a bid price of 0.48 euros/kg.     2 – Norway Norway was awarded all three hydrogen projects linked to the maritime sector, since they will use the hydrogen produced by the project for bunkering activities. This has resulted in the selection of three bids receiving €96.7 million in grants.   Here are the 3 hydrogen projects that were awarded to Norway under the European Hydrogen Bank and the bid price in euros per kilograms: 1 – RjukanH2 by NORWEGIAN HYDROGEN AS – at a bid price of 0.45 euros/kg. 2 – Gen2-LH2 by Gen2 Energy AS – at a bid price of 0.59 euros/kg. 3 – HammerfestH2 by GREEN H AS – at a bid price of 1.88 euros/kg.     3 – Germany Germany was awarded 2 out of the 15 hydrogen projects under the second European Hydrogen Bank auction.   Here are the 2 hydrogen projects that were awarded to Germany under the European Hydrogen Bank and the bid price in euros per kilograms: 1 – KASKADE by Meridiam SAS – at a bid price of 0.45 euros/kg. 2 – H2-Hub Lubmin by H2-Hub Lubmin GmBH – at a bid price of 0.47 euros/kg.     4 – Finland Finland was awarded 1 hydrogen project under the second European Hydrogen Bank auction.   Here is the hydrogen project that was awarded to Finland under the European Hydrogen Bank and the bid price in euros per kilograms: 1 – Kristinestad PtX by Koppö Energia Oy – at a bid price of 0.33 euros/kg.     5 – Netherlands The Netherlands was awarded 1 hydrogen project under the second European Hydrogen Bank auction.   Here is the hydrogen project that was awarded to the Netherlands under the European Hydrogen Bank and the bid price in euros per kilograms: 1 – Zeevonk electrolyser by Zeevonk electrolyser – at a bid price of 0.6 euros/kg.     As announced in the EU Clean Industrial Deal, a third European Hydrogen Bank auction is planned for the end of 2025 with a budget of up to €1 billion.

What is the economic forecast for each EU country in 2026? - Portugal Business News News Economy EU - Here is the economic forecast for each EU country in 2025 and in 2026, namely each EU country’s expected GDP growth, inflation rate and gross public debt as a percentage of GDP, according to the European Commission’s latest report:   While the EU average GDP growth in 2025 is expected to be 1,5% in 2025, it is expected to reach 1,8% year on year in 2026. The EU average inflation rate forecast in 2025 is 2,4% in 2025, while it is 2,0% year on year in 2026. The EU average gross public debt as a percentage of GDP is expected to be 83,0% in 2025 and 83,4% in 2026.     Here is the economic forecast for each EU country in 2025 and in 2026: 1 – Austria 1)  While the economic forecast for Austria in 2025 is a GDP growth of -0,3% in 2025, Austria’s GDP growth is expected to reach 1% year on year in 2026.   2)  While the inflation rate for Austria in 2025 is expected to be 2,9% in 2025, Austria’s inflation rate is expected to be 2,1% year on year in 2026.   3)  Austria’s gross public debt as a percentage of GDP is expected to be 84% in 2025 and 85.8% in 2026.     2 – Belgium   1)  While the economic forecast for Belgium in 2025 is a GDP growth of 0,8% in 2025, Belgium’s GDP growth is expected to reach 0,9% year on year in 2026.   2)  While the inflation rate for Belgium in 2025 is expected to be 2,8% in 2025, Belgium’s inflation rate is expected to be 1,8% year on year in 2026.   3)  Belgium’s gross public debt as a percentage of GDP is expected to be 107.1% in 2025 and 109.8% in 2026.     3 – Bulgaria   1)  While the economic forecast for Bulgaria in 2025 is a GDP growth of 2,0% in 2025, Bulgaria’s GDP growth is expected to reach 2,1% year on year in 2026.   2)  While the inflation rate for Bulgaria in 2025 is expected to be 3,6% in 2025, Bulgaria’s inflation rate is expected to be 1,8% year on year in 2026.   3)  Bulgaria’s gross public debt as a percentage of GDP is expected to be 25.1% in 2025 and 27.1% in 2026.     4 – Croatia   1)  While the economic forecast for Croatia in 2025 is a GDP growth of 3,2% in 2025, Croatia’s GDP growth is expected to be 2,9% year on year in 2026.   2)  While the inflation rate for Croatia in 2025 is expected to be 3,4% in 2025, Croatia’s inflation rate is expected to be 2,0% year on year in 2026.   3)  Croatia’s gross public debt as a percentage of GDP is expected to be 56.3% in 2025 and 56.4% in 2026.     5 – Cyprus   1)  While the economic forecast for Cyprus in 2025 is a GDP growth of 3,0% in 2025, Cyprus’s GDP growth is expected to be 2,5% year on year in 2026.   2)  While the inflation rate for Cyprus in 2025 is expected to be 2,0% in 2025, Cyprus’s inflation rate is expected to remain 2,0% year on year in 2026.   3)  Cyprus’s gross public debt as a percentage of GDP is expected to be 58.0% in 2025 and 51.9% in 2026.     6 – Czechia   1)  While the economic forecast for Czechia in 2025 is a GDP growth of 1,9% in 2025, Czechia’s GDP growth is expected to reach 2,1% year on year in 2026.   2)  While the inflation rate for Czechia in 2025 is expected to be 2,2% in 2025, Czechia’s inflation rate is expected to be 2,0% year on year in 2026.   3)  Czechia’s gross public debt as a percentage of GDP is expected to be 44.5% in 2025 and 45.4% in 2026.     7 – Denmark   1)  While the economic forecast for Denmark in 2025 is a GDP growth of 3,6% in 2025, Denmark’s GDP growth is expected to be 2,0% year on year in 2026.   2)  While the inflation rate for Denmark in 2025 is expected to be 1,6% in 2025, Denmark’s inflation rate is expected to be 1,5% year on year in 2026.   3)  Denmark’s gross public debt as a percentage of GDP is expected to be 29.7% in 2025 and 29.4% in 2026.     8 – Estonia   1)  While the economic forecast for Estonia in 2025 is a GDP growth of 1,1% in 2025, Estonia’s GDP growth is expected to reach 2,3% year on year in 2026.   2)  While the inflation rate for Estonia in 2025 is expected to be 3,8% in 2025, Estonia’s inflation rate is expected to be 2,3% year on year in 2026.   3)  Estonia’s gross public debt as a percentage of GDP is expected to be 23.8% in 2025 and 25.4% in 2026.     9 – Finland   1)  While the economic forecast for Finland in 2025 is a GDP growth of 1,0% in 2025, Finland’s GDP growth is expected to reach 1,3% year on year in 2026.   2)  While the inflation rate for Finland in 2025 is expected to be 1,7% in 2025, Finland’s inflation rate is expected to be 1,5% year on year in 2026.   3)  Finland’s gross public debt as a percentage of GDP is expected to be 85.6% in 2025 and 87.5% in 2026.     10 – France   1)  While the economic forecast for France in 2025 is a GDP growth of 0,6% in 2025, France’s GDP growth is expected to reach 1,3% year on year in 2026.   2)  While the inflation rate for France in 2025 is expected to be 0,9% in 2025, France’s inflation rate is expected to be 1,2% year on year in 2026.   3)  France’s gross public debt as a percentage of GDP is expected to be 116.0% in 2025 and 118.4% in 2026.     11 – Germany   1)  While the economic forecast for Germany in 2025 is a GDP growth of -0,0% in 2025, Germany’s GDP growth is expected to reach 1,1% year on year in 2026.   2)  While the inflation rate for Germany in 2025 is expected to be 2,4% in 2025, Germany’s inflation rate is expected to be 1,9% year on year in 2026.   3)  Germany’s gross public debt as a percentage of GDP is expected to be 63.8% in 2025 and 64.7% in 2026.     12 – Greece   1)  While the economic forecast for Greece in 2025 is a GDP growth of 2,3% in 2025, Greece’s GDP growth is expected to be 2,2% year on year in 2026.   2)  While the inflation rate for Greece in 2025 is expected to be 2,8% in 2025, Greece’s inflation rate is expected to be 2,3% year on year in 2026.   3)  Greece’s gross public debt as a percentage of GDP is expected to be 146.6% in 2025 and 140.6% in 2026.     13 – Hungary   1)  While the economic forecast for Hungary in 2025 is a GDP growth of 0,8% in 2025, Hungary’s GDP growth is expected to reach 2,5% year on year in 2026.   2)  While the inflation rate for Hungary in 2025 is expected to be 4,1% in 2025, Hungary’s inflation rate is expected to be 3,3% year on year in 2026.   3)  Hungary’s gross public debt as a percentage of GDP is expected to be 74.5% in 2025 and 74.3% in 2026.     14) Ireland   1)  While the economic forecast for Ireland in 2025 is a GDP growth of 3,4% in 2025, Ireland’s GDP growth is expected to be 2,5% year on year in 2026.   2)  While the inflation rate for Ireland in 2025 is expected to be 1,6% in 2025, Ireland’s inflation rate is expected to be 1,4% year on year in 2026.   3)  Ireland’s gross public debt as a percentage of GDP is expected to be 38.6% in 2025 and 38.2% in 2026.     15) Italy   1)  While the economic forecast for Italy in 2025 is a GDP growth of 0,7% in 2025, Italy’s GDP growth is expected to reach 0,9% year on year in 2026.   2)  While the inflation rate for Italy in 2025 is expected to be 1,8% in 2025, Italy’s inflation rate is expected to be 1,5% year on year in 2026.   3)  Italy’s gross public debt as a percentage of GDP is expected to be 136.7% in 2025 and 138.2% in 2026.     16) Latvia   1)  While the economic forecast for Latvia in 2025 is a GDP growth of 0,5% in 2025, Latvia’s GDP growth is expected to reach 2,0% year on year in 2026.   2)  While the inflation rate for Latvia in 2025 is expected to be 3,0% in 2025, Latvia’s inflation rate is expected to be 1,7% year on year in 2026.   3)  Latvia’s gross public debt as a percentage of GDP is expected to be 48.6% in 2025 and 49.3% in 2026.     17) Lithuania   1)  While the economic forecast for Lithuania in 2025 is a GDP growth of 2,8% in 2025, Lithuania’s GDP growth is expected to reach 3,1% year on year in 2026.   2)  While the inflation rate for Lithuania in 2025 is expected to be 2,6% in 2025, Lithuania’s inflation rate is expected to be 1,2% year on year in 2026.   3)  Lithuania’s gross public debt as a percentage of GDP is expected to be 41.2% in 2025 and 43.9% in 2026.     18) Luxembourg   1)  While the economic forecast for Luxembourg in 2025 is a GDP growth of 1,7% in 2025, Luxembourg’s GDP growth is expected to reach 2,0% year on year in 2026.   2)  While the inflation rate for Luxembourg in 2025 is expected to be 2,1% in 2025, Luxembourg’s inflation rate is expected to be 1,8% year on year in 2026.   3)  Luxembourg’s gross public debt as a percentage of GDP is expected to be 25.7% in 2025 and 26.2% in 2026.     19) Malta   1)  While the economic forecast for Malta in 2025 is a GDP growth of 4,1% in 2025, Malta’s GDP growth is expected to be 4,0% year on year in 2026.   2)  While the inflation rate for Malta in 2025 is expected to be 2,2% in 2025, Malta’s inflation rate is expected to be 2,1% year on year in 2026.   3)  Malta’s gross public debt as a percentage of GDP is expected to be 47.6% in 2025 and 47.3% in 2026.     20) Netherlands   1)  While the economic forecast for the Netherlands in 2025 is a GDP growth of 1,3% in 2025, the Netherlands GDP growth is expected to be 1,2% year on year in 2026.   2)  While the inflation rate for the Netherlands in 2025 is expected to be 3,0% in 2025, the Netherlands inflation rate is expected to be 2,0% year on year in 2026.   3)  The Netherlands gross public debt as a percentage of GDP is expected to be 45.0% in 2025 and 47.8% in 2026.     21) Poland   1)  While the economic forecast for Poland in 2025 is a GDP growth of 3,3% in 2025, Poland’s GDP growth is expected to be 3,0% year on year in 2026.   2)  While the inflation rate for Poland in 2025 is expected to be 3,6% in 2025, Poland’s inflation rate is expected to be 2,8% year on year in 2026.   3)  Poland’s gross public debt as a percentage of GDP is expected to be 58.0% in 2025 and 65.3% in 2026.     22) Portugal   1)  While the economic forecast for Portugal in 2025 is a GDP growth of 1,8% in 2025, Portugal’s GDP growth is expected to reach 2,2% year on year in 2026.   2)  While the inflation rate for Portugal in 2025 is expected to be 2,1% in 2025, Portugal’s inflation rate is expected to be 2,0% year on year in 2026.   3)  Portugal’s gross public debt as a percentage of GDP is expected to be 91.7% in 2025 and 89.7% in 2026.     23) Romania   1)  While the economic forecast for Romania in 2025 is a GDP growth of 1,4% in 2025, Romania’s GDP growth is expected to reach 2,2% year on year in 2026.   2)  While the inflation rate for Romania in 2025 is expected to be 5,1% in 2025, Romania’s inflation rate is expected to be 3,9% year on year in 2026.   3)  Romania’s gross public debt as a percentage of GDP is expected to be 59.4% in 2025 and 63.3% in 2026.     24) Slovakia   1)  While the economic forecast for Slovakia in 2025 is a GDP growth of 1,5 in 2025, Slovakia’s GDP growth is expected to be 1,4% year on year in 2026.   2)  While the inflation rate for Slovakia in 2025 is expected to be 4,0% in 2025, Slovakia’s inflation rate is expected to be 2,9% year on year in 2026.   3)  Slovakia’s gross public debt as a percentage of GDP is expected to be 60.9% in 2025 and 63.0% in 2026.     25) Slovenia   1)  While the economic forecast for Slovenia in 2025 is a GDP growth of 2,0 in 2025, Slovenia’s GDP growth is expected to reach 2,4% year on year in 2026.   2)  While the inflation rate for Slovenia in 2025 is expected to be 2,1% in 2025, Slovenia’s inflation rate is expected to be 1,9% year on year in 2026.   3)  Slovenia’s gross public debt as a percentage of GDP is expected to be 65.5% in 2025 and 63.8% in 2026.     26) Spain   1)  While the economic forecast for Spain in 2025 is a GDP growth of 2,6% in 2025, Spain’s GDP growth is expected to be 2,0% year on year in 2026.   2)  While the inflation rate for Spain in 2025 is expected to be 2,3% in 2025, Spain’s inflation rate is expected to be 1,9% year on year in 2026.   3)  Spain’s gross public debt as a percentage of GDP is expected to be 100.9% in 2025 and 100.8% in 2026.     27) Sweden   1)  While the economic forecast for Sweden in 2025 is a GDP growth of 1,1% in 2025, Sweden’s GDP growth is expected to reach 1,9% year on year in 2026.   2)  While the inflation rate for Sweden in 2025 is expected to be 2,2% in 2025, Sweden’s inflation rate is expected to be 1,6% year on year in 2026.   3)  Sweden’s gross public debt as a percentage of GDP is expected to be 33.8% in 2025 and 33.3% in 2026.   Read more:   Here is the ranking of EU countries by real GDP growth forecast in 2025 , according to the IMF World Economic Outlook:

Cartier’s owner Richemont chooses Portugal as its EU Tech Hub - Portugal Business News Tech News Europe – Cartier’s owner Richemont chooses Portugal as its EU Tech Hub. Here are the reasons why the owner of the Cartier brand, the Richemont group, chose Lisbon as its EU hub:   The Cartier brand is owned by the Richemont group, that also owns luxury brands such as Van Cleef & Arpels and Montblanc, has chosen Lisbon for its first technology hub outside Switzerland with an investment estimated at tens of millions of euros.   While the owner of the Cartier brand has already recruited around 100 people for their new Tech Hub in Lisbon, the company intends to recruit 400 people by 2028, namely engineering profiles in the fields of AI, cloud, solutions, software, and machine learning.   The Richemont group will adopt FARFETCH Platform Solutions to advance the realization of their Luxury New Retail (“LNR”) visionto open e-concessions on the FARFETCH Marketplace.   The Richemont Technology Center in Lisbon, that will develop the tech for its luxury brands such as Cartier, Van Cleef & Arpels and Montblanc, has already invested in Real Estate with 3,200 square meters, located in the Green Campus of Parque das Nações, Lisbon’s prime area.     The Lisbon tech hub is an extension of Richemont Geneva, which deals with technology on a global scale for the group, and will cover global technological needs, but also those of the entire group and its ‘Maisons’, that are the group's luxury brands.   The Richemont group has its headquarters in Geneva and a center in Shanghai that is not a hub as it is focused on developing specific applications.     Why did the owner of the Cartier brand, the Richemont group, choose Lisbon as its EU hub? These are the main reasons why the owner of the Cartier brand, the Richemont group, chose Lisbon as their EU hub:   1 – The available talent 2 – The proximity of the Portuguese capital 3 – Its very good English literacy 4 – Since Lisbon is already recognized as “a European innovation hub, there has been significant investment from the government, including the municipality, and it has really become a city where it makes sense to invest” , according to Lucas De Gaulejac, Technology Competency Center manager at Richemont. 5 – Lisbon’s connectivity 6 – Lisbon’s thriving tech community 7 - “By having a location where we knew we had good partners, we also ensured that it has a long-term vision, and we know that Lisbon is investing in technology in the long term. Therefore, for us, it also makes perfect sense”,  added Lucas De Gaulejac, who highlighted that several locations were analyzed, without revealing the names of the cities competing with the Portuguese capital.     The Richemont group intends to participate in Lisbon’s technological ecosystem and is willing to form partnerships with universities, institutions, startups, and incubators, among others.

Top 10 startup countries in Europe in 2025 - Portugal Business News Startup News Europe – Here are the Top 10 startup countries in Europe in 2025 and the fastest growing tech sector in each country, according to the Startup Ecosystem Report 2025 by Startup Blink:     1 - Top 10 startup countries in Europe in 2025 and the fastest growing tech sector in each country:     1 – UK The UK ranks 1st startup country in Europe in 2025 and the fastest growing tech sectors in the UK are the Fintech sector in London, and Deep Tech in both Cambridge and Oxford. Cambridge is particularly strong in Health tech, ranking 17th worldwide and 4th in Europe.   While the US remains the top global startup ecosystem, with a lead nearly four times greater than the UK in 2nd place, the UK’s startup ecosystem has a high growth rate of 26.34% annually, one of the highest growth rates, ranking 2nd globally.   The UK maintains its position as the leading startup nation in Europe, with a total score more than twice that of the next ranked country, Sweden. The UK startup environment remains strongly centralized in London, which stands out with a score 15 times higher than Cambridge, the next-ranked city.     2 – Sweden   Sweden ranks 2nd startup country in Europe in 2025 and the fastest growing tech sector in Sweden is Energy and Environment where it ranks 2nd in the world.   Sweden has a high growth rate of 30.7%, ranking 6th globally. The country continues rank 2nd in Europe and remains the leader within the European Union (EU). The Swedish startup environment is centralized in Stockholm, which has a total score seven times higher than the next ranked city, Gothenburg.   Highlights from Sweden’s tech ecosystem include the Future’s acquisition by Mastercard for SEK 27.5 billion (~ US$ 2.5 billion), that underscores Gothenburg’s global cybersecurity leadership as well as ten Gothenburg-founded tech companies that achieved a record SEK 40 billion (~ US$ 3.6 billion) in exits for 2024, marking an unprecedented year for the city’s startup scene.     3 – Germany   Germany ranks 3rd startup country in Europe in 2025 and the fastest growing tech sector in Germany is Transportation where it ranks 5th in the world. Berlin’s fastest growing tech sector is Fintech where it ranks 9th worldwide and 2nd in the EU, while Munich’s fastest growing tech sector is the Transportation industry where it ranks 10th worldwide.   Germany ranks 7th globally, with a high growth rate of 28.4%.  Germany’s startup environment is mildly centralized in Berlin that has twice the score of Munich and Berlin ranks 14th startup city globally.     4 – France   France ranks 4th startup country in Europe in 2025 and the fastest growing tech sector in France is Ecommerce and Retail, where it ranks 6th worldwide.   France ranks 8th globally, with a high growth rate of 30.2% , ranking among the top performers in the top ten globally. France’s startup ecosystem is centralized, with only Paris in the global Top 10 where Paris ranks 8th startup city globally.     5 – Switzerland   Switzerland ranks 5th startup country in Europe in 2025 and the fastest growing tech sector in Switzerland is Health tech, where it ranks 3rd in the world and 2nd in Europe.   Switzerland ranks 9th globally with a growth rate of 31.8%.  Switzerland has the highest growth rate among the top 5 European countries at over 31%.     6 – The Netherlands   The Netherlands ranks 6th startup country in Europe in 2025 and the fastest growing tech sector in the Netherlands is Ecommerce & Retail, where it ranks 5th worldwide and 1st in the EU.   The Netherlands’ growth rate of 26.2% and ranks No. 10 globally. Amsterdam grew more than 28%, closing the gap between the Top 20 cities globally.     7 – Estonia   Estonia ranks 7th startup country in Europe in 2025 and the fastest growing tech sector in Estonia is Transportation where it ranks 12th globally and 2nd in the EU.   Estonia ranks 11th globally is experiencing a strong ecosystem with a growth rate of 34.02%. Estonia has been the leading startup nation in Eastern Europe since 2020, with its lead over Lithuania (that is 2nd in the region) having quadrupled since 2020. Estonia’s startup ecosystem remains highly centralized in Tallinn.     8 – Spain   Spain ranks 8th startup country in Europe in 2025 and the fastest growing tech sector in Spain is Social & Leisure where it ranks 3rd worldwide. Barcelona is the global leader in Cleantech, a subindustry of Energy & Environment, where it ranks 1st.   Spain’s ranks 14th globally with a relatively fast ecosystem growth rate of 29.7%.  Barcelona is Spain’s leading startup ecosystem, climbing five spots to rank 33rd globally, completing a seven-spot climb over two years.     9 – Finland   Finland ranks 9th startup country in Europe in 2025 and the fastest growing tech sector in Finland is Food Tech where it stands at 4th globally.   Finland also ranks 15th globally, with a growth rate of 26% .     10 – Ireland   Ireland ranks 10th startup country in Europe in 2025 and the fastest growing tech sector in Ireland is Energy & Environment where it ranks 5th worldwide.   With a growth rate of 33.5%, Ireland ranks 16th globally. Ireland records the highest growth rate among the top 10 European countries at over 33%. The Irish startup ecosystem remains centralized in Dublin.     2 - Here are the fastest growing tech sectors globally in 2025:   1 - FoodTec  – growing 46.1% 2 – Tech Hardware & IoT – growing 45.4% 3 - Energy & Environment – growing 40.2%   Those 3 tech sectors are the fastest growing sectors in 2025, each expanding by over 40% in the startup count.

Who are the Top 10 billionaires in the UK in 2025 and how did they make their money? - Portugal Business News Billionaire news Europe – Here is the ranking of the Top 10 billionaires in the UK in 2025 and how they made their money, according to the Sunday Times Rich List 2025. Here is also how King Charles ranks in the UK Rich List in 2025 and his net worth.        1 - Gopi Hinduja and family – UK The No. 1 billionaire in the UK is Gopi Hinduja and family, whose net worth reaches £ 35.304 billion.   The No. 1 billionaire in the UK made his money in Industry and finance through the Hinduja Group.     2 - David and Simon Reuben and family – UK   The No. 2 billionaires in the UK are David and Simon Reuben and family, whose net worth reaches £1.896 billion.   The No. 2 billionaires in the UK made their money in Property and internet through Reuben Brothers.     3 - Sir Leonard Blavatnik – UK   The No. 3 billionaire in the UK is Sir Leonard Blavatnik, whose net worth reaches        £25.725 billion.   The No. 3 billionaire in the UK made his money in Investment, music and media through Access Industries.     4 - Sir James Dyson and family - UK   The No. 4 billionaires in the UK are Sir James Dyson and family, whose net worth reaches     £20.8 billion.   The No. 4 billionaires in the UK made their money in Technology through the Dyson Group.     5 - Idan Ofer – UK   The No. 5 billionaire in the UK is Idan Ofer, whose net worth reaches £ 20.121 billion.   The No. 5 billionaire in the UK made his money in Shipping and industry through Israel Corporation.     6 - Guy, George, Alannah and Galen Weston and family – UK   The No. 6 billionaires in the UK are Guy, George, Alannah and Galen Weston and family, whose net worth reaches £ 17.746 billion.   The No. 6 billionaires in the UK made their money in Retail through Primark.     7 - Sir Jim Ratcliffe - UK   The No. 7 billionaire in the UK is Sir Jim Ratcliffe, whose net worth reaches £ 17.046 billion.   The No. 7 billionaire in the UK made his money in Chemicals through Ineos.     8 - Lakshmi Mittal and family - UK   The No. 8 billionaires in the UK are Lakshmi Mittal and family, whose net worth reaches £ 15.444 billion.   The No. 8 billionaires in the UK made their money in Steel through  ArcelorMittal.     9 - John Fredriksen and family - UK   The No. 9 billionaires in the UK are John Fredriksen and family, whose net worth reaches £13.683 billion.   The No. 9 billionaires in the UK made their money in shipping and oil services through Frontline.     10 - Igor and Dmitry Bukhman – UK   The No. 10 billionaires in the UK are Igor and Dmitry Bukhman, whose net worth reaches £12.54 billion.   The No. 10 billionaires in the UK made their money in Games through Playrix.     How does King Charles rank in the UK Rich List n 2025 and what is his net worth?    King Charles is not a billionaire as he only ranks No. 238 in the list of the UK Rich List in 2025, and his wealth is equal to that of former prime minister Rishi Sunak and his wife Akshata Murty, that is £ 640 million.

Top 10 most valuable luxury brands in the world in 2025 - Portugal Business News Luxury Brands News Europe - Here are the Top 10 most valuable luxury brands from all sectors in the world in 2025, according to Brand Finance:   All the Top 10 most valuable luxury brands from all sectors in the world in 2025 are from Europe, with the number one being a car brand from Germany and a total of six out of the Top 10 most valuable luxury brands from all sectors in the world in 2025 being French.   Europe is thus overtaking the US as the leading contributor to the brand value of luxury brands from all sectors.     Top 10 most valuable luxury brands from all sectors in the world in 2025: 1 – Porsche - Germany Porsche is the No. 1 most valuable luxury brand from all sectors in the world in 2025 with a brand value of 41.1 billion dollars.   Porsche’s long-term strategy is to prioritise value over sales volume.   2 – Chanel - France Chanel is the 2nd most valuable luxury brand from all sectors in the world in 2025 with a brand value of 37.9 billion dollars. Chanel has surpassed Louis Vuitton to rank as the world’s second most valuable luxury and premium brand following a 45% increase in brand value to USD37.9 billion. This also makes it the fastest-growing brand in the ranking.   3 –Louis Vuitton - France Louis Vuitton is the 3rd most valuable luxury brand from all sectors in the world in 2025 with a brand value of 32.9 billion dollars. 4 –Hermès - France Hermès is the 4th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 19.9 billion dollars.   5 - Rolex - Switzerland Rolex is the 5th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 18.8 billion dollars.     6 – Dior - France Dior is the 6th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 17.3 billion dollars.   7 – Cartier - France Cartier is the 7th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 15.7 billion dollars.   8 – Ferrari - Italy Ferrari is the 8th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 14.4 billion dollars.   9 – Gucci - Italy Gucci is the 9th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 11.4 billion dollars.   10 – Guerlain - France Guerlain is the 10th most valuable luxury brand from all sectors in the world in 2025 with a brand value of 7.7 billion dollars. Read next: Here are the Top 10 most valuable cosmetics brands in the world in 2025

Top 10 des marques de luxe les plus valorisées au monde en 2025 - PBN Actualités Marques de Luxe Europe - Voici le Top 10 des marques de luxe les plus valorisées dans tous les secteurs au monde en 2025, selon Brand Finance : Toutes les 10 marques de luxe les plus valorisées dans tous les secteurs au monde en 2025 sont d’origine européenne, la première étant une marque automobile d’Allemagne et un total de six des 10 marques de luxe les plus valorisées de tous les secteurs au monde en 2025 sont françaises. L’Europe dépasse ainsi les États-Unis en tant que premier contributeur à la valeur de marque des marques de luxe dans tous les secteurs. Top 10 des marques de luxe les plus valorisées dans tous les secteurs au monde en 2025 : 1 – Porsche - Allemagne Porsche est la marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de 41,1 milliards de dollars. La stratégie à long terme de Porsche consiste à privilégier la valeur par rapport au volume des ventes. 2 – Chanel - France Chanel est la 2ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 37,9 milliards de dollars. Chanel a dépassé Louis Vuitton pour devenir la deuxième marque de luxe et premium la plus valorisée au monde, après une augmentation de 45% de la valeur de la marque avec 37,9 milliards de dollars. Cela en fait également la marque à la croissance la plus rapide dans le classement. 3 –Louis Vuitton - France Louis Vuitton est la 3ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 32,9 milliards de dollars. 4 –Hermès - France Hermès est la 4ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 19,9 milliards de dollars. 5 - Rolex - Suisse Rolex est la 5ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 18,8 milliards de dollars. 6 – Dior - France Dior est la 6ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de 17,3 milliards de dollars. 7 – Cartier - France Cartier est la 7ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 15,7 milliards de dollars. 8 – Ferrari - Italie Ferrari est la 8ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 14,4 milliards de dollars. 9 – Gucci - Italie Gucci est la 9ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de marque de 11,4 milliards de dollars. 10 – Guerlain - France Guerlain est la 10ème marque de luxe la plus valorisée de tous les secteurs au monde en 2025 avec une valeur de 7,7 milliards de dollars. Lire ensuite : Top 10 des marques de cosmétiques les plus valorisées au monde en 2025

What are the fastest growing tech ecosystems in Europe in 2025? - Portugal Business News Tech News Europe – Here are the Top 10 fastest growing tech ecosystems in Europe, according to the Global Tech Ecosystem Index 2025 by Dealroom.   The fastest growing tech ecosystems in Europe are measured by growth in enterprise value and unicorns, adjusted for local GDP per capita and cost of living. These European countries are the rising stars leading to a new generation of tech companies.   While AI VC investment is heavily concentrated on the US, with 85 billion dollars, Europe ranks second destination for VC investment in AI startups with 13 billion dollars. Concerning Deep Tech VC investment, the US received 76 billion dollars and Europe received 16 billion dollars, ranking third destination after the APAC region that received 19 billion dollars. Europe has over 70 unicorns and the fastest growing tech ecosystems are gearing towards becoming tomorrow’s unicorns.       Here are the Top 10 fastest growing tech ecosystems in Europe in 2025, including cities and countries: 1 – Istanbul - Turkey 2 – Kyiv - Ukraine 3 – Vilnius - Lithuania 4 – Zagreb - Croatia 5 – Prague - Czech Republic 6 – Warsaw - Poland 7 – Athens - Greece 8 – Ankara - Turkey 9 – Madrid - Spain 10 – Lisbon - Portugal