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Business news, startups, investments, and corporate developments in Portugal.

Azores Airlines Privatization in Crisis as Consortium Files Emergency Injunction and Warns of Insolvency

Azores Airlines Privatization in Crisis as Consortium Files Emergency Injunction and Warns of Insolvency

The privatization of Azores Airlines has entered its most turbulent chapter yet. Atlantic Connect Group, the sole consortium that competed for the carrier, has filed an emergency injunction to block the closure of the sale process, warning that the...

Portugal's Housing Market Shatters All Records in 2025 With 41.2 Billion Euros in Sales, Even as Foreign Buyers Pull Back

Portugal's Housing Market Shatters All Records in 2025 With 41.2 Billion Euros in Sales, Even as Foreign Buyers Pull Back

Portugal's housing market broke every record in the book last year. According to figures released by INE (Statistics Portugal) on Monday, residential property transactions reached a staggering 41.2 billion euros in 2025 — a 21.7 percent jump...

Markets, Business & Tech Briefing -- Monday, 23 March 2026

Markets, Business & Tech Briefing -- Monday, 23 March 2026

PSI Companies Report Record Combined Profits of 5.4 Billion Euros Listed companies on Portugal's PSI index have reported combined net profits of nearly 5.4 billion euros for 2025, up 27 percent from the prior year. Three companies — Galp, EDP, and...

Portugal's Labor Reform Heads to Parliament as Government Runs Out of Patience with Social Dialogue

Portugal's Labor Reform Heads to Parliament as Government Runs Out of Patience with Social Dialogue

The government has pledged to present over 100 changes to Portugal's labor code, including easier dismissals, outsourcing rules, and working-time flexibility. With unions divided, the reform now faces a political battle in the Assembly.