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US cybersecurity startup Picnic rebrands as VanishID and raises $10M - Portugal Business News Tech startup news - US cybersecurity startup Picnic rebranded as VanishID and raised $10M in an investment round led by Dell Technologies Capital, according to an announcement made on April 22nd, 2025.   VanishID just announced it is the new brand name of Picnic Corporation.  VanishID also announced a recent $10M investment led by Dell Technologies Capital and joined by Mark McLaughlin, former CEO and Chairman of Palo Alto Networks, and by LockStep Ventures, with continued strong participation from Crosslink Capital, Rally Ventures, Energy Impact Partners, Bright Pixel.   VanishID offers an automated solution delivered as a managed service that proactively and continuously protects organizations from physical and cyber threats by reducing the personal and work-related digital exposure of executives, employees, and contractors.   Public data exposure of personally identifiable information (PII) represents the digital breadcrumbs that enable cyberattacks, fraud, and physical threats against executives. No one is immune as over 93% of C-Suite executives have a home address exposed, and 99.97% have been involved in a data breach. VanishID offers the only fully automated solution that requires no effort from executives or security teams, no PII provided by end-users, and no integration with internal systems to deliver continuous removal of PII from the internet.    “We have never been better positioned to help protect enterprises and their executives from myriad threats represented by digital exposure,” said Matt Polak, Founder and CEO of VanishID.

Top 10 Most Valuable brands in Romania in 2025 Brands News Europe – Here is the ranking of the Top 10 Most Valuable brands in Romania in 2025 with the value of each brand in Euros, as well as the ranking of industries in Romania that have the highest brand value in 2025, according to Brand Finance:     1 - Top 10 Most Valuable brands in Romania in 2025: 1 – Dacia – Automotive sector  Dacia ranks No. 1 most valuable brand in Romania in 2025 with a brand value of 1,119 million euros in 2025.     2 – eMAG – Retail sector IT eMAG ranks 2nd most valuable brand in Romania in 2025 with a brand value of 893 million euros in 2025.     3 - Banca Transilvania – Banking sector Banca Transilvania ranks 3rd most valuable brand in Romania in 2025 with a brand value of 856 million euros in 2025.     4 – DIGI – Telecommunications sector   DIGI ranks 4th most valuable brand in Romania in 2025 with a brand value of 574 million euros in 2025.     5 – Dedeman – Retail sector Dedeman ranks 5th most valuable brand in Romania in 2025 with a brand value of 494 million euros in 2025.     6 – Petrom – Oil & Gas sector         OMV Petrom ranks 6th most valuable brand in Romania in 2025 with a brand value of 453 million euros in 2025.     7 – BCR – Banking sector BCR ranks 7th most valuable brand in Romania in 2025 with a brand value of 255 million euros in 2025.     8 – BRD - Groupe Societe Generale – Banking sector BRD ranks 8th most valuable brand in Romania in 2025 with a brand value of 239 million euros in 2025.     9 – Bitdefender – Software sector Bitdefender ranks 9th most valuable brand in Romania in 2025 with a brand value of 183 million euros in 2025.     10 – Electrica – Electricity sector Electrica ranks 10th most valuable brand in Romania in 2025 with a brand value of 165 million euros in 2025.     2 - Which industries in Romania have the highest brand value in 2025? 1 – The Retail sector The Retail sector ranks No. 1 industry in Romania with the highest brand value with a share of 26.4%.   Romania’s retail sector has the highest share of the most valuable brands in Romania in 2025, with top brands eMAG and Dedeman rebounding in value, while the sector’s brand value has increased by 5% overall. Dedeman remains the most valuable brand held entirely by Romanian shareholders, with a slight rebound of its brand value of +2% to reach EUR 494 million, ranking 5th most valuable brand in Romania.     2 – The Banking sector   The Banking sector ranks 2nd industry in Romania with the highest brand value with a share of 19.8%.   Banca Transilvania  is also the strongest Romanian brand, with an elite AAA+ brand ranking. For the fourth consecutive year, the brand has also retained its position among the Top 10 strongest banking brands globally.   Banca Transilvania is also the strongest banking brand in Europe.     3 – The Automotive sector The Automotive sector ranks 3rd industry in Romania with the highest brand value with a share of 15.4%.   Dacia remains the most valuable Romanian brand, despite a 5% decrease in brand value to reach EUR 1.1 billion.     4 – The Oil & Gas sector The Oil & Gas sector ranks 4th industry in Romania with the highest brand value with a share of 8.5%.     5 – The Telecommunications sector The Telecommunications sector ranks 5th industry in Romania with the highest brand value with a share of 7.9%.

Top 10 most valuable cosmetics brands in the world in 2025 - Portugal Business News Luxury Brands News EU – Here are the Top 10 most valuable cosmetics brands in the world in 2025, according to Brand Finance:   The brand value of the 50 most valuable cosmetics brands globally hit a record combined brand value of $160 billion in 2025.   The EU is overtaking the US as the leading contributor to the brand value of cosmetics globally since France now accounts for nearly 47% of the ranking’s total.  It’s also the fastest-growing region, powered by Chanel becoming the No. 1 most valuable cosmetics brand in the world in 2025.     Top 10 most valuable cosmetics brands in the world in 2025: 1 – Chanel Chanel is the No. 1 most valuable cosmetics brand in the world in 2025 with a brand value of 27.3 billion dollars.   Chanel becomes the world’s most valuable cosmetics brand in 2025 amid a surge in the luxury market segment. In 2025, French luxury clothing brands continue to dominate the Top 10 most valuable French brands , with Chanel surpassing Louis Vuitton and becoming for the first time the most valuable French brand in 2025.   2 – L’Oréal L’Oréal is the 2nd most valuable cosmetics brand in the world in 2025 with a brand value of 15.6 billion dollars.   3 – Gillette Gillette is the 3rd most valuable cosmetics brand in the world in 2025 with a brand value of 9.1 billion dollars.   Gillette is also ranked as the strongest cosmetics brand globally with AAA+ rating.   4 – Nivea Nivea is the 4th most valuable cosmetics brand in the world in 2025 with a brand value of 7.8 billion dollars.   5 - Guerlain Guerlain is the 5th most valuable cosmetics brand in the world in 2025 with a brand value of 7.7 billion dollars.   Guerlain leads in brand value growth, rising 23% for 2025.     6 – Lancôme Lancôme is the 6th most valuable cosmetics brand in the world in 2025 with a brand value of 6.2 billion dollars.   7 – Dove Dove is the 7th most valuable cosmetics brand in the world in 2025 with a brand value of 5.9 billion dollars.   8 – Garnier Garnier is the 8th most valuable cosmetics brand in the world in 2025 with a brand value of 5.3 billion dollars.   9 – Estée Lauder Estée Lauder is the 9th most valuable cosmetics brand in the world in 2025 with a brand value of 5.2 billion dollars.   10 – PANTENE PANTENE is the 10th most valuable cosmetics brand in the world in 2025 with a brand value of 5.2 billion dollars.

Top 10 Leaders who are Portuguese Influencers on LinkedIn - Portugal Business News Influencer News EU - A true leader needs to be an Influencer. Here are the Top 10 Portuguese Leaders who are Influencers on LinkedIn in 2025:   The number of executives posting on LinkedIn increased by 23%  in 2024 compared to 2023, since this became their preferred social media after dumping X.  The Ad Age study reveals that these executives have noted that their post engagement rate on LinkedIn is four times higher and that they have increased their number of followers by 39%.   On LinkedIn, there's no limit to the number of followers you can have, but there is a limit of 30,000 for first-degree connections.     Here are the Top 10 Portuguese Leaders who are Influencers on LinkedIn in 2025:     1)  António Guterres - Secretary-General of the United Nations António Guterres has 870,329+  followers on LinkedIn and is a LinkedIn Top Voice. António Guterres is the ninth Secretary-General of the United Nations. He was born in Lisbon in 1949 and graduated from the Instituto Superior Técnico with a degree in engineering.   2)  JJ Delgado - General Manager of MOVE Estrella Galicia Digital - Portugal   JJDelgado has 271,369+  followers on LinkedIn  JJDelgado has a PhD Cum Laude in Digital Economy. He had the most international sales in Amazon history and reached no.1 on Amazon LinkedIn Profile in the UK in 2016 and early 2017. He is an Investor & Advisor of Web2 & Web3 Companies (Ufounders, Talent Class, Enzo Ventures, Bipgo, Football ClubX).   JJDelgado was recognized as one of the Top 15 unofficial LinkedIn influencers in 2018, he was selected among the Top 50 Worldwide Human Behavior Experts to follow in 2017 & the Most Talented Spanish Marketer in 2015, as well as an International Best Seller Author in 2021.   3 - Ricardo Costa - Chairman of Bernardo da Costa Group  - Portugal Ricardo Costa has 208,820+ followers on LinkedIn.   Ricardo Costa is an entrepreneur, international speaker and the author of the book "Happiness is Profitable".   As Chairman of the Bernardo da Costa Group, he holds leadership roles in several companies and serves as Board Advisor in different sectors.   With an international MBA from Católica Porto Business School and a degree in Engineering and Industrial Management, he is also a guest professor at business schools and one of the main advocates of the importance of happiness in the work environment.   In addition to his business activities, he is a columnist for the Expresso and Record newspapers, the Honorary Consul of Kosovo and the President of the AEMinho General Council.    Ricardo Costa is a professor at The London School of Economics and Political Science (LSE) and the author of three books: (1) Think Video: Smart Video Marketing & Video Influencing, (2) The new digital consumer: Noriso Cube, and (3) Smash It. How to Dominate the Digital Era and Make Your Business Grow Like Hell! (Amazon International Best Seller 2021)     4 - Rui Miguel Nabeiro - CEO at Delta Cafés - Portugal Rui Miguel Nabeiro has 176,227+  followers on LinkedIn.   Rui Miguel Nabeiro believes in innovation, internationalization and the value of brands as an engine for business growth. He created a business diversification strategy, opening up to the startup ecosystem as well as the sharp expansion of the international area, with Delta now operating in more than 40 countries.     5 - Eden Wiedemann - CEO of Use Flow App – Portugal Eden Wiedemann has 172,212+ followers on LinkedIn.   Eden Wiedemann is a LinkedIn Top Voice as well as a Serial Founder, entrepreneur and Technology Product Manager.   With a background in creative and strategic planning working with some of Portugal’s largest brands, he helped develop key skills for technology product development.     6 - Mário Ferreira – Chairman of PLURIS INVESTMENTS group - Portugal Mário Ferreira has 131,012+  followers on LinkedIn.   Mário Ferreira is the Chairperson of the Board of Grupo Media Capital. He is also involved in Tourism, River Cruising, Real Estate, Insurance Brokerage, Insurance, Ship Construction Management, Hotel management, Space Tourism, Vacations, International Cruising, Heli Tourism, TV & Radio sectors. 7 - Norton Sousa – Senior Talent Partner at The Soul Publishing - Portugal  Norton Sousa has 106,560+  followers on LinkedIn.   As a Talent Partner, Norton Sousa focuses on evaluating current recruitment strategies, identifying areas for improvement, and cultivating relationships that drive smarter hiring decisions.     8 - Ana Mendes Godinho - Member of the Assembly of the Republic of Portugal     Ana Mendes Godinho has 92,090+  followers on LinkedIn.   Ana Mendes Godinho is focused on the implementation of progressive reforms and positive social impact in Portugal.   As Minister of Labor, Solidarity and Social Security, she was responsible for the creation and management of responses to the pandemic in the field of employment, with new social responses such as the gratuity of day care, the Decent Work Agenda and various social consultation agreements.   As Secretary of State for Tourism, she led the Strategy for Tourism in 2027, mobilizing tourism as a transversal engine of development in Portugal. 9 - Rita Piçarra - Retired at 44 | Book Author | 2x TEDx Speaker | Former Microsoft PT CFO   Rita Piçarra has 88,499+  followers on LinkedIn.   Rita Piçarra has more than 20 years of experience in Finance and Controlling (P&L Management, Strategy, Financial Planning, Revenue and Cost Analysis, Internal Controls, Accounting and Audit); and is pro-active and results oriented with experience in all aspects of financial management.     10 - Carolina Afonso - Former CEO @ Gato Preto, Iberia Carolina Afonso has 83,239+ followers on LinkedIn.   As Chief Digital & Marketing Officer and former CEO of a leading retail brand, Carolina Afonso is passionate about driving transformation, innovation, and sustainable growth in organizations.   With over 18 years of C-level experience spanning retail and technology (KONICA MINOLTA, ASUS, TOSHIBA), she has built a career at the intersection of strategy, marketing, digital transformation, and eCommerce. As CEO of Gato Preto Portugal and Spain, she spearheaded the company’s repositioning as a home decor lifestyle brand, leading its rebranding, digital expansion, and omnichannel growth. Her leadership in eCommerce significantly enhanced the company’s digital presence and revenue, while her strategic focus on innovation and customer experience fueled long-term success.   Beyond corporate leadership, Carolina Afonso is a professor at ISEG, a co-coordinator of the Postgraduate Courses in Digital Marketing and Sustainability Management, and an author. Her academic background includes a Ph.D. in Marketing from the Universidad Complutense de Madrid, and she serves as a board director at APPM (Portuguese Marketing Association).   Carolina Afonso received the following Awards and Recognitions: Forbes Top 50 Most Influential Business Women in Portugal (2023, 2024), Top 5 in Retail Digital Women Award – Digital Marketers Association (2023), Best Communication Director – Scopen (2022), Premio Extraordinario de Doctorado – Complutense University of Madrid (2018).

Top 10 Retail companies in Europe - Portugal Business News Business News Europe – Here are the Top 10 Retail companies in Europe, according to the “Global Powers of Retailing 2025” report just launched by Deloitte:   The Aggregate retail revenues of the Top 250 retailers was USD 6.03 billion in 2023, with an annual growth in retail revenues of 3.6%; while the growth in retail sales of clothing and accessories was 6%, showing that retail therapy is still trending in Europe. The ranking of the Top 10 Retail companies in Europe shows that German and French companies dominate the Retail market segment in Europe.     Top 10 Retail companies in Europe:   1 – Schwarz Group – Germany German Discount Store Schwarz Group is the largest retail company in Europe and 4th largest retail company in the world in 2023 with retail revenue of USD 177,009 million.   2 – Aldi Einkauf GmBH – Germany German Discount Store Aldi Einkauf is the 2nd largest retail company in Europe and 7th largest retail company in the world in 2023 with retail revenue of USD 123,608 million.   3 – Ahold Delhaize – Netherlands Dutch Supermarket Ahold Delhaize is the 3rd largest retail company in Europe and 12th largest retail company in the world in 2023 with retail revenue of USD 97,837 million.   4 – Carrefour S.A. – France French Hypermarket Carrefour is the 4th largest retail company in Europe and 13th largest retail company in the world in 2023 with retail revenue of USD 90,803 million.   5 – Tesco PLC – UK British Hypermarket Tesco is the 5th largest retail company in Europe and 15th largest retail company in the world in 2023 with retail revenue of USD 85,218 million.   6 – Edeka-Verbund – Germany German Supermarket Edeka-Verbund is the 6th largest retail company in Europe and 17th largest retail company in the world in 2023 with retail revenue of USD 75,930 million.   7 – LVMH Moët Hennessy – Louis Vuitton S.A. – France French LVMH is the 7th largest retail company in Europe and 18th largest retail company in the world in 2023 with retail revenue of USD 73,299 million   8 – Rewe Group – Germany German Supermarket Rewe is the 8th largest retail company in Europe and 20th largest retail company in the world in 2023 with retail revenue of USD 68,552 million.   9 – Centres Distributeurs E. Leclerc – France French Supermarket E.Leclerc is the 9th largest retail company in Europe and 21st largest retail company in the world in 2023 with retail revenue of USD 63,229 million.   10 – Les Mousquetaires (formerly Intermarché) – France French Supermarket Les Mousquetaires is the 10th largest retail company in Europe and 28th largest retail company in the world in 2023 with retail revenue of USD 43,377 million.

Portuguese footwear brand Carlos Santos worn by celebs at the MET Gala - Portugal Business News Fashion News Europe - Portuguese footwear brand Carlos Santos was worn by celebrities Willy Chavarria and Maluma at the MET Gala, one of the most important fashion events in the world held at the Metropolitan Museum of Art in New York.   American fashion designer Willy Chavarria, who has recently collaborated with Adidas Originals, and Colombian singer Maluma made a fashion statement walking the red carpet at the MET Gala wearing shoes from Portuguese footwear brand Carlos Santos.   "We’ve been working hard to show North American clients that Portugal is a valuable and versatile business partner, combining craftsmanship with contemporary design," stated Paulo Gonçalves, communication director at Portugal’s footwear association APICCAPS.    The US is a strategic market for Portugal, currently ranking as the 6th largest destination for its exports. In the last decade, Portuguese footwear sales to the US have doubled, reaching nearly 100 million euros by the end of 2024.   The US is the world’s largest footwear market, since it imports more than 1.98 billion pairs of shoes annually, totaling nearly 26 billion dollars in value, according to the World Footwear Yearbook.

Top 10 Most Valuable Car Rental brands in the world in 2025 - Portugal Business News News Car Rental Brands – Here are the Top 10 Most Valuable Car Rental brands in the world in 2025, according to Brand Finance:   While the global mobility market has a growing diversification, and digital innovation is driving brand value growth, six out of the Top 10 Most Valuable Car Rental brands in the world in 2025 are headquartered in the USA.     Top 10 Most Valuable Car Rental brands in the world in 2025:     1 – Uber - USA Uber is the No. 1 most valuable car rental brand in the world in 2025 with a brand value of 37.2 billion dollars.   Uber’s brand value is up by 25% to reach USD 37.2 billion in 2025.    American brand Uber, that is based in California, continues to dominate the US market, fueled by the expansion of its ride-sharing services, particularly UberX Share, which encourages riders to split journeys and increases driver earnings potential. Mobility is now Uber’s fastest-growing division, outpacing both its delivery and freight segments.   Uber is also the strongest mobility brand in the world, with a Brand Strength Index (BSI) score of 84.8 out of 100. The brand achieves best-in-class consideration scores in the US and performs strongly on familiarity and brand affinity at a global level.     2 – Enterprise - USA Enterprise is the 2nd most valuable car rental brand in the world in 2025 with a brand value of 19.2 billion dollars.   The brand value of Enterprise is up by 50% to reach USD19.2 billion in 2025.   American brand Enterprise is headquartered in St. Louis, Misssouri.     3 – Ayvens – Societe Generale - France Ayvens is the 3rd most valuable car rental brand in the world in 2025 with a brand value of 3.9 billion dollars.   Ayvens makes its debut in the world ranking of the Most Valuable Car Rental brands in 2025. The success of Ayvens highlights the rising importance of flexible vehicle leasing and integrated fleet solutions as a core component of the mobility ecosystem.   ALD Automotive, a subsidiary of Societe Generale group, announced the acquisition of LeasePlan Amsterdam and Portugal in 2022. Since April 17th, 2024, LeasePlan is now operating in the Portuguese market as Ayvens.     4 – Lyft - USA Lyft is the 4th most valuable car rental brand in the world in 2025 with a brand value of 3.4 billion dollars.   American brand Lyft, that is headquartered in San Francisco, was founded as one of the first ridesharing communities in the United States. Lyft offers rideshare, bikes, and scooters all in one app for a more connected world, with transportation for everyone.       5 – Hertz - USA Hertz is the 5th most valuable car rental brand in the world in 2025 with a brand value of 3.2 billion dollars.   American brand Hertz, that is headquartered in Estero, Florida, is one of the world’s largest mobility companies, and through its indirect subsidiary, The Hertz Corporation, operates the Hertz, Dollar, and Thrifty vehicle rental brands.   6 – Localiza - Brazil Localiza is the 6th most valuable car rental brand in the world in 2025 with a brand value of 2.6 billion dollars.   Brazilian brand Localiza is a Fleet Management company headquartered in Belo Horizonte, that is the capital city of southeastern Brazil’s Minas Gerais state.     7 – Sixt - Germany Sixt is the 7th most valuable car rental brand in the world in 2025 with a brand value of 2.4 billion dollars.   German brand Sixt is headquartered in Bayern, Munich. With its products SIXT rent, SIXT share, SIXT ride and SIXT+, the company offers a uniquely integrated premium mobility service across the fields of vehicle and commercial vehicle rental, car sharing, ride hailing and car subscriptions.     8 – Avis - USA Avis is the 8th most valuable car rental brand in the world in 2025 with a brand value of 2.4 billion dollars.   American brand Avis is a global car rental company headquartered in New Jersey. Along with Budget Rent a Car, Budget Truck Rental and Zipcar, Avis is a unit of Avis Budget Group.     9 – Budget - USA Budget is the 9th most valuable car rental brand in the world in 2025 with a brand value of 1.4 billion dollars.   The Avis Budget Group is headquartered in New Jersey.     10 – Europcar - France Europcar is the 10th most valuable car rental brand in the world in 2025 with a brand value of 1.4 billion dollars.   French brand Europcar, that is headquartered in Paris, is the European leader in car and light vehicle rental, operating in over 140 countries.

La marque de chaussures portugaise Carlos Santos portée par des célébrités au MET Gala - PBN Actualité Mode Europe - La marque portugaise de chaussures Carlos Santos était portée par les célébrités Willy Chavarria et Maluma au MET Gala, l’un des événements de mode les plus importants au monde qui se tient au Metropolitan Museum of Art à New York.   Le créateur de mode américain, qui a récemment collaboré avec Adidas Originals, et le chanter colombien Maluma ont fait une déclaration de mode sur le tapis rouge du MET Gala en portant des chaussures de la marque portugaise de chaussures Carlos Santos.   "Nous avons travaillé dur pour montrer aux clients nord-américains que le Portugal est un partenaire commercial précieux et polyvalent, alliant l’artisanat au design contemporain", a déclaré Paulo Gonçalves, directeur de la communication de l’association portugaise de la chaussure APICCAPS.   Les États-Unis constituent un marché stratégique pour le Portugal, qui se classe actuellement au 6e rang des destinations pour ses exportations. Au cours de la dernière décennie, les ventes de chaussures portugaises aux États-Unis ont doublé pour atteindre près de 100 millions d’euros à la fin de 2024.   Les États-Unis sont le plus grand marché mondial de la chaussure, puisqu’ils importent chaque année plus de 1,98 milliard de paires de chaussures, pour une valeur totale de près de 26 milliards de dollars, selon l’Annuaire mondial de la chaussure, le World Footwear Yearbook.

What is Lisbon’s campaign to live in an Out on the Street condo? - Portugal Business News Real Estate News Portugal - What is Lisbon’s campaign to live in an Out on the Street condo?   Lisbon was the scene of a fake premium development advertising campaign with a 'show apartment' that is a space living on the streets of Lisbon.    The fake premium living on the streets of Lisbon condo was an advertising campaign to attract attention to Lisbon’s housing crisis and to get viewers to donate of 0.5% of their IRS in favor of the Portuguese NGO Vida e Paz Community.   The innovative real estate video advertisement, called ‘Condomínio Olho da Rua’, is in the tone of a luxury upmarket development that represents living on Lisbon’s cobbled stones.   The campaign also included fake advertisements on real estate portals, the placement of "for sale" signs on real evicted houses and the distribution of flyers with stones from the Lisbon pavement printed with a barcode and a mention: "You can relocate there immediately!"      Developed by Lola Normajean, the bold advertising campaign about Lisbon’s homeless population generated 1.9 million euros in earned media. In addition, donations increased by 66% and the number of donors grew by more than 50%.   Homelessness in Lisbon has become a serious problem with real estate prices skyrocketing. The homeless population in Lisbon grew by 25% in 2024 alone, and now includes families, children and young workers.     Here is the video of Lisbon’s campaign to live in an Out on the Street condo:

What countries in Europe have the shortest workweek? - Portugal Business News HR news Europe - Here are the countries in Europe that have the shortest work week, as well as the changes concerning the 4-day work week in Europe in 2025 and the longest number of working hours allowed in the EU:     1 - Countries in Europe that have the shortest work week:     1 - Netherlands   The Netherlands ranks the No. 1 country in Europe with the shortest workweek in 2023 with 32.2 hours according to Eurostat.   A large proportion of Dutch people already work a 4-day week with 9-hours of work per day.   The Netherlands also ranks 6th happiest country in the world in 2024.     2 – Austria Austria ranks 2nd country in Europe with the shortest workweek in 2023 with 33.6 hours according to Eurostat.   3 – Norway Norway ranks 3rd country in Europe with the shortest workweek in 2023 with 33.9 hours according to Eurostat.   Norway ranks 7th happiest country in the world in 2024.     4 - Germany Germany ranks 4th country in Europe with the shortest workweek in 2023 with 34.0 hours according to Eurostat.     5 – Denmark Denmark ranks 5th country in Europe with the shortest workweek in 2023 with 34.3 hours according to Eurostat.   Officially, Denmark operates with a 37-hour work week, without specifying the number of working days. Employees usually distribute these hours over four to five days, maintaining a flexible yet balanced work schedule.   Denmark ranks 2nd happiest country in the world in 2024.     6 - Finland   Finland ranks 6th country in Europe with the shortest workweek in 2023 with 34.8 hours according to Eurostat.   Finland ranks No 1 happiest country in the world in 2024.     7 – Belgium Belgium ranks 7th country in Europe with the shortest workweek in 2023 with 34.9 hours according to Eurostat. Officially, Belgium has a 38-hour work week, usually over five days.   Since 2022, legislation in Belgium named “The Labor Deal” allows these working hours to be spread over a four-day work week, giving workers more flexibility in managing their work-life balance without loss of salary. This means that employees in Belgium can now opt for 4 longer working days of 9.5 hours.     2 - What are the changes concerning the 4-day work week in Europe in 2025?     1 – Spain   In May 2025, Spain approved a bill that would reduce official working hours from 40 hours to 37.5 hours. The measure, which already applies to civil servants and some other sectors, will mainly include retail, manufacturing, hospitality, and construction sectors.   A 4-day work week, while shorter in days, can still have the same number of working hours as a 5-day week, such as 37.5 hours.  This means employees would work longer shifts to compensate for the reduced number of workdays.    This seems better that Belgium that has an official 38-hour work week, usually over five days.   However, employees in Spain worked 36.4 hours in 2023 according to Eurostat.       2 – Other European countries:   Bulgaria, Malta, and Poland have reduced their number of working hours, with decreases of 2.1%, 1.6%, and 1.2%, respectively.     3 - What is the longest number of working hours allowed in the EU?   The European Union (EU) has established minimum common standards on working hours, which apply to all member states.     The EU work standards include: 1 - A maximum working week of 48 hours,   2 - Paid annual leave of at least four weeks per year, 3 - Rest periods, 4 - Rules on night work, shift work, and work patterns.     4 - What EU country has the longest working hours? Greece has the longest working hours in Europe, averaging 41 hours per week, according to Eurostat.  This is significantly higher than the EU average of 37.5 hours per week for those aged 20-64.   From July 1, 2024, while officially the 40-hour work week remains, employers can now require staff to work up to two unpaid hours per day for a limited period in exchange for more free time.

Investments in countries in Europe as a percentage of GDP - Portugal Business News Investment News Europe – Here are the Investments in companies in each European country as a percentage of GDP in 2024, according to the IMF World Economic Outlook Database, Invest Europe and the EDC:   Investment in Europe rose by 24% to reach €126 billion in 2024, representing the third highest annual result. Buyout investment was up by 42% to reach €87 billion, just slightly below the record investment level in 2021.   Venture Capital also had a strong year in Europe in 2024, with investment increasing by 26% to reach €18 billion.  VC fundraising had its second best-ever year in 2024 at €22 billion, just marginally below the peak of 2022.   In Europe, almost 50% of the companies backed by private equity and venture capital are in the ICT and Biotech & Healthcare sectors in 2024. ICT was also the largest sector by number of exits, and at €11.1 billion only narrowly behind Consumer Goods & Services in terms of value.   All Private Equity Investments in portfolio companies in Europe as a percentage of GDP in 2024 reached an average of 0.551% of GDP.   All Venture Capital Investments in portfolio companies in Europe as a percentage of GDP in 2024 reached an average of 0.077% of GDP.   The UK’s investment performance as a percentage of GDP is to be highlighted in 2024, since it ranks No 1 country in Europe for VC investments in portfolio companies as well as 3rd country in Europe for Private Equity Investments in portfolio companies.     Investments in countries in Europe as a percentage of GDP in 2024:     1)  Sweden   All Private Equity Investments in portfolio companies in Sweden as a percentage of GDP in 2024 reached 1.364% of GDP.   Sweden ranks No. 1 country in Europe for Private Equity Investments in portfolio companies in 2024.   All Venture Capital Investments in portfolio companies in Sweden as a percentage of GDP in 2024 reached 0.107% of GDP.      2)  Norway   All Private Equity Investments in portfolio companies in Norway as a percentage of GDP in 2024 reached 1.230% of GDP.   Norway ranks 2nd country in Europe for Private Equity Investments in portfolio companies in 2024.   All Venture Capital Investments in portfolio companies in Norway as a percentage of GDP in 2024 reached 0.049% of GDP.     3)  UK   All Private Equity Investments in portfolio companies in the UK as a percentage of GDP in 2024 reached 1.060% of GDP.   The UK ranks 3rd country in Europe for Private Equity Investments in portfolio companies in 2024.   All Venture Capital Investments in portfolio companies in the UK as a percentage of GDP in 2024 reached 0.176% of GDP.   The UK also ranks the No 1 country in Europe for VC investments in portfolio companies in 2024.     4)  France   All Private Equity Investments in portfolio companies in France as a percentage of GDP in 2024 reached 0.874% of GDP.   All Venture Capital Investments in portfolio companies in France as a percentage of GDP in 2024 reached 0.070% of GDP.     5)  Netherlands   All Private Equity Investments in portfolio companies in the Netherlands as a percentage of GDP in 2024 reached 0.684% of GDP.   All Venture Capital Investments in portfolio companies in the Netherlands as a percentage of GDP in 2024 reached 0.106% of GDP.      6)  Finland   All Private Equity Investments in portfolio companies in Finland as a percentage of GDP in 2024 reached 0.665% of GDP.   All Venture Capital Investments in portfolio companies in Finland as a percentage of GDP in 2024 reached 0.091% of GDP.     7)  Denmark   All Private Equity Investments in portfolio companies in Denmark as a percentage of GDP in 2024 reached 0.419% of GDP.   All Venture Capital Investments in portfolio companies in Denmark as a percentage of GDP in 2024 reached 0.130% of GDP.   Denmark ranks 2nd country in Europe for VC Investments in portfolio companies in 2024.     8)  Spain   All Private Equity Investments in portfolio companies in Spain as a percentage of GDP in 2024 reached 0.406% of GDP.   All Venture Capital Investments in portfolio companies in Spain as a percentage of GDP in 2024 reached 0.056% of GDP.     9)  Italy   All Private Equity Investments in portfolio companies in Italy as a percentage of GDP in 2024 reached 0.387% of GDP.   All Venture Capital Investments in portfolio companies in Italy as a percentage of GDP in 2024 reached 0.030% of GDP.     10)       Ireland   All Private Equity Investments in portfolio companies in Ireland as a percentage of GDP in 2024 reached 0.368% of GDP.   All Venture Capital Investments in portfolio companies in Ireland as a percentage of GDP in 2024 reached 0.050% of GDP.     11)       Belgium   All Private Equity Investments in portfolio companies in Belgium as a percentage of GDP in 2024 reached 0.349% of GDP.   All Venture Capital Investments in portfolio companies in Belgium as a percentage of GDP in 2024 reached 0.080% of GDP.     12)       Germany   All Private Equity Investments in portfolio companies in Germany as a percentage of GDP in 2024 reached 0.331% of GDP.   All Venture Capital Investments in portfolio companies in Germany as a percentage of GDP in 2024 reached 0.068% of GDP.     13)       Hungary   All Private Equity Investments in portfolio companies in Hungary as a percentage of GDP in 2024 reached 0.287% of GDP.   All Venture Capital Investments in portfolio companies in Hungary as a percentage of GDP in 2024 reached 0.014% of GDP.     14)       Austria   All Private Equity Investments in portfolio companies in Austria as a percentage of GDP in 2024 reached 0.279% of GDP.   All Venture Capital Investments in portfolio companies in Austria as a percentage of GDP in 2024 reached 0.027% of GDP.     15)       Switzerland   All Private Equity Investments in portfolio companies in Switzerland as a percentage of GDP in 2024 reached 0.257% of GDP.   All Venture Capital Investments in portfolio companies in Switzerland as a percentage of GDP in 2024 reached 0.117% of GDP.   Switzerland ranks 3rd country in Europe for VC Investments in portfolio companies in 2024.     16)       Portugal   All Private Equity Investments in portfolio companies in Portugal as a percentage of GDP in 2024 reached 0.224% of GDP.   All Venture Capital Investments in portfolio companies in Portugal as a percentage of GDP in 2024 reached 0.025% of GDP.     17)       Baltic countries - Estonia, Latvia, and Lithuania.   All Private Equity Investments in portfolio companies in Baltic countries as a percentage of GDP in 2024 reached 0.183% of GDP.   All Venture Capital Investments in portfolio companies in Baltic countries as a percentage of GDP in 2024 reached 0.063% of GDP.     18)       Luxembourg   All Private Equity Investments in portfolio companies in Luxembourg as a percentage of GDP in 2024 reached 0.161% of GDP.   All Venture Capital Investments in portfolio companies in Luxembourg as a percentage of GDP in 2024 reached 0.009% of GDP.     19)       Poland   All Private Equity Investments in portfolio companies in Poland as a percentage of GDP in 2024 reached 0.154% of GDP.   All Venture Capital Investments in portfolio companies in Poland as a percentage of GDP in 2024 reached 0.010% of GDP.     20)       Czech Republic   All Private Equity Investments in portfolio companies in the Czech Republic as a percentage of GDP in 2024 reached 0.124% of GDP.   All Venture Capital Investments in portfolio companies in the Czech Republic as a percentage of GDP in 2024 reached 0.007% of GDP.     21)       Greece   All Private Equity Investments in portfolio companies in Greece as a percentage of GDP in 2024 reached 0.085% of GDP.   All Venture Capital Investments in portfolio companies in Greece as a percentage of GDP in 2024 reached 0.010% of GDP.     22)       Bulgaria   All Private Equity Investments in portfolio companies in Bulgaria as a percentage of GDP in 2024 reached 0.054% of GDP.   All Venture Capital Investments in portfolio companies in Bulgaria as a percentage of GDP in 2024 reached 0.029% of GDP.     23)       Romania   All Private Equity Investments in portfolio companies in Romania as a percentage of GDP in 2024 reached 0.030% of GDP.   All Venture Capital Investments in portfolio companies in Romania as a percentage of GDP in 2024 reached 0.003% of GDP.     24)       Other CEE countries: Bosnia-Herzegovina, Croatia,   Macedonia, Moldova, Montenegro, Serbia, Slovakia, Slovenia   All Private Equity Investments in portfolio companies in other CEE countries as a percentage of GDP in 2024 reached 0.027% of GDP.   All Venture Capital Investments in portfolio companies in other CEE countries as a percentage of GDP in 2024 reached 0.011% of GDP.     25)       Ukraine   All Private Equity Investments in portfolio companies in Ukraine as a percentage of GDP in 2024 reached 0.018% of GDP.   All Venture Capital Investments in portfolio companies in Ukraine as a percentage of GDP in 2024 reached 0.000% of GDP.

What is French rocket launcher Foudre (Lightning)? - Portugal Business News Defence News Europe - What is French rocket launcher Foudre (Lightning)?   French Defence company Turgis & Gaillard has launched its multiple rocket launcher Foudre, meaning Lightning.   French rocket launcher "Foudre" is not only compatible with ammunition by MBDA/Safran as well as ArianeGroup/Thales, but also Indian Pinaka rockets, with a range of 75 km.     “Foudre” is part of the ELSA [European Long-Range Strike Approach”] project, which was unveiled last June by the French Minister of the Armed Forces, and is the subject of a cooperation involving France, Italy, Germany, Poland, Sweden and the United Kingdom to develop surface-to-surface missiles with a range of more than 1,000 km. What are the capabilities of Foudre?   While armies now detect targets hundreds of miles away using drones, satellites and intelligence systems, Foudre completes this chain by striking accurately up to 1,000 km, disorganizing enemy lines and protecting friendly forces.   French rocket launcher "Foudre" was designed to be airworthy by A400M and C-130 Hercules to and combine multiple types of guided munitions with a range from 75 to 1,000 km.   Foudre, will be able to use six precision munitions of different types, including guided rockets with a range of 75 km, missiles with a range of 150 km, ballistic missiles with a range of 300 km, but also cruise missiles exceeding 1,000 km range.   French Defence company Turgis & Gaillard also has its Aarok drone project, which will be responsible for long-range surveillance missions and carry out up to 1.5 tons of ammunition, all with a 24-hour autonomy.