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The Portugal Brief

The Portugal Brief

Cabinet Files the Final Trabalho XXI Text in the Assembleia After 50 Amendments — Fixed-Term Cap Restored to Three Years, Individual Hour Bank Returns at 50 Hours a Week, Father's Birth Leave Doubles to 14 Days, Parental Subsidy Splits at 90% and 100%

Cabinet Files the Final Trabalho XXI Text in the Assembleia After 50 Amendments — Fixed-Term Cap Restored to Three Years, Individual Hour Bank Returns at 50 Hours a Week, Father's Birth Leave Doubles to 14 Days, Parental Subsidy Splits at 90% and 100%

Cabinet sent the Trabalho XXI labour-reform proposal to parliament on Thursday with 50+ amendments to the August draft, 12 sourced from UGT. Fixed-term cap restored to three years, hour bank reinstated at 50 hours a week, father's birth leave doubles to 14 days, parental subsidy splits at 90/100%.
The Portugal Brief
Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol completed the buy-out of Gallaecia's KFC franchise in Galicia on 27 March 2026, paying €5.97 million for the remaining 75% of six companies running ten KFC restaurants. The deal values the group at €9.6 million. Lisbon-listed Ibersol now runs 562 units across Portugal, Spain and Angola.
The Portugal Brief
STCP Walks Its 2025 Operational Year Out at 71.8 Million Passengers and €2.9 Million Lucro Líquido — Porto's Public Transport Operator Books a Second Consecutive Year in the Black

STCP Walks Its 2025 Operational Year Out at 71.8 Million Passengers and €2.9 Million Lucro Líquido — Porto's Public Transport Operator Books a Second Consecutive Year in the Black

STCP — Sociedade de Transportes Colectivos do Porto — closed the 2025 operational year at 71.8 million passengers carried and a €2.9 million lucro líquido, posting a second consecutive year in the black against a heavy fleet-electrification and Andante-integration capex tape.
The Portugal Brief