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The Portugal Brief

The Portugal Brief

Anacom Returns to Profitability with €38 Million Net Result for 2025 — Telecom Regulator Bounces Back Despite an 18% Revenue Drop and a €112 Million Refund Programme to Operators

Anacom Returns to Profitability with €38 Million Net Result for 2025 — Telecom Regulator Bounces Back Despite an 18% Revenue Drop and a €112 Million Refund Programme to Operators

Sandra Maximiano's Anacom posts €38 million net profit for 2025 in the regulator's annual Relatório de Atividades, returning to the black after the €10.75 million 2023 trough and the provision-driven volatility — even as revenues drop 18% and the refund cycle to operators continues.
The Portugal Brief
Hiking in Portugal in 2026 — A Practical Guide to the Rota Vicentina Fishermen's Trail, the Caminho Português de Santiago, Serra da Estrela's Long Trail, Madeira's Levadas, the Açores Trilhos, and the FCMP Markings System (PR/GR/E)

Hiking in Portugal in 2026 — A Practical Guide to the Rota Vicentina Fishermen's Trail, the Caminho Português de Santiago, Serra da Estrela's Long Trail, Madeira's Levadas, the Açores Trilhos, and the FCMP Markings System (PR/GR/E)

Portugal's hiking stack runs from the Rota Vicentina Fishermen's Trail (226 km) and the Caminho Português de Santiago to Serra da Estrela's GR50, Madeira's levadas, and the Açores trilhos — all marked under the FCMP system. A 2026 guide for foreign residents to routes, season, gear and federation.
The Portugal Brief
Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 net profit hit €58.7M, nearly quintupling 2024's €11.2M, on the May-2025 sale of 51% of Alliance Healthcare (Alloga Logifarma). Volume of business €908.6M (+7.6%); EBITDA €51.6M (+10%); continuing ops €26M; discontinued ops €73.8M from the divestment.
The Portugal Brief
Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Minister Miguel Pinto Luz confirmed Transtejo Soflusa will open a Seixal–Barreiro fluvial connection in June 2026 — weekends first, weekdays to follow. The new line plugs into a 10-vessel electric fleet that has carried 2 million passengers and saved 1.74 million litres of diesel a year.
The Portugal Brief
Cycling in Portugal in 2026 — A Practical Guide to the EuroVelo 1 Atlantic Coast Route, the Algarve Ecovia do Litoral, the Ecopistas Network, the Lisbon Gira and Porto Bike-Share Schemes, and the Comboios de Portugal Cycle-on-Train Rules

Cycling in Portugal in 2026 — A Practical Guide to the EuroVelo 1 Atlantic Coast Route, the Algarve Ecovia do Litoral, the Ecopistas Network, the Lisbon Gira and Porto Bike-Share Schemes, and the Comboios de Portugal Cycle-on-Train Rules

Portugal sits at the southwestern end of EuroVelo 1, and the practical cycling stack — Ecovia do Litoral, Ecopistas, Lisbon Gira, Porto bike-share, CP cycle-on-train — has matured fast. A 2026 guide for foreign residents to the routes, urban schemes, gear and train logistics.
The Portugal Brief