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

The two blue glass Amoreiras towers rising above their pink and cream shopping centre in Lisbon against a clear sky

Galp's Global Innovation Director Takes Over Portugal's Foreign Investment Agency on 1 October

Ana Paula Casaca replaces a chair who resigned, inherits a mandate that expires at the end of the year, and keeps her seat on the board that steers European deep-tech money.

The Portugal Brief 21 Sep 2026

Rows of new Volkswagen T-Roc cars lined up on the quayside at the port of Setubal in Portugal in front of the orange and white hull of a Grimaldi car carrier

While Volkswagen Sheds 50,000 More Jobs Worldwide, Portugal and Spain Are Being Asked to Build One in Ten of Its Cars

Ten billion euros goes to Autoeuropa, Martorell, Pamplona and the Sagunto battery plant, and the group's Iberian production chief says a record million vehicles is reachable next year. August output here fell 45 percent.

The Portugal Brief 20 Sep 2026

The pink baroque facade of the Guimaraes Court of Appeal on a cobbled street, with stone-framed windows, wrought-iron balconies and an armorial portal

A Non-Compete Clause That Paid Nothing Cost an Insurance Agency 120,000 Euros, Until the Guimaraes Court of Appeal Struck It Down

The agency was barred from competing for two years after leaving the DS Seguros network and paid nothing for the wait. Enforcing the penalty, the appeal court held, was an abuse of right. ECO reports at least 59 similar actions against former agents.

The Portugal Brief 20 Sep 2026

Traffic on the Via de Cintura Interna in Porto beneath blue overhead motorway signs for IC1 to Matosinhos and the airport and IC23 to the Ponte do Freixo

A Week Into Porto's Lorry Ban on the VCI, the Council Counts Traffic and the Hauliers Count Kilometres

Twenty-seven tickets in the first three days, detours of up to 57 kilometres on some runs, and a mobility councillor who says he is measuring the policy by accidents that do not happen.

The Portugal Brief 20 Sep 2026

Two REN linesmen in yellow high-visibility jackets and red helmets suspended from overhead high-voltage transmission cables against a blue sky with white cloud

Advice on Portugal's Return to the Electricity Grid Operator Came to 100,000 Euros, and the Finance Ministry Answered a Front Page on Saturday to Say So

Caixa Banco de Investimento and Servulo e Associados billed that between them for the 13.7 percent REN stake. The ministry also explains the four million euro gap between what it lent Parpublica and what was paid.

The Portugal Brief 19 Sep 2026

The lit shopfront of Joalharia do Carmo on Lisbon's Rua do Carmo, with gilded Pratas and Joias lettering, a gold filigree heart above the door and passers-by on the calcada

A 1924 Lisbon Jeweller Takes Its Second Shop Abroad to Paris, After Committing Six Million Euros to Ten Years on Times Square

Joalharia do Carmo opens in Paris within months. Its owner is pushing just two of its thirteen brands abroad, canned fish and filigree, while telling Lusa it plans no expansion at all of its Portuguese network.

The Portugal Brief 19 Sep 2026

An Alentejo landscape in late summer, dry golden pasture with scattered cork oaks and grazing cattle, and a block of vineyard and olive groves on the rise behind

What Farmers Pay for Fertiliser and Fuel Is Rising Again, and the Bill Arrives With the Next Harvest

EU farm input prices rose 4.7 percent in the second quarter while what farmers were paid fell 5.8 percent. Portugal had the gentlest increase in the Union and will not be spared the result.

The Portugal Brief 18 Sep 2026

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