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Business news, startups, investments, and corporate developments in Portugal.
Yellow tram on a Lisbon street with the Tagus River in the distance, framing Portugal's mobility regulation under the new vehicle transformation decree-law

Cabinet Codifies Portugal's Vehicle Modification Rulebook in a Standalone Decree-Law — IMT Authorisation, Homologated Parts and Emission Caps Replace the Old Technical Circular Stack

The Council of Ministers on 18 June 2026 approved a standalone Vehicle Transformation Decree-Law, replacing scattered IMT technical circulars with a unified rulebook for modifying registered cars. Prior IMT authorisation, homologated components and stricter emission tests anchor the new regime.
The Portugal Brief
Open-plan tech workspace with rows of laptops

Caixa Capital Anchors a €1 Million Portugal Prize as the Startup World Cup 2026 Lands at Unicorn Factory Lisboa Across 17-18 June — 50 Finalists, a 10-Slot Pitch Cut and a $1 Million October San Francisco Run Frame the Pegasus Tech Ventures Track

Portugal's Startup World Cup 2026 opens 17-18 June at Unicorn Factory Lisboa with 50 startups chasing a €1M Caixa Capital cheque and a $1M Pegasus Tech Ventures ticket to the October San Francisco final — Carlos Moedas headlines, Brisa, Galp and Microsoft anchor the speaker bench.
The Portugal Brief
Corticeira Amorim Splits Its US Closures Arm 50/50 With Scott Laboratories — Joint Venture Scott Premium Closures Absorbs ACIC Cork & Closures for the North American Wine and Spirits Market

Corticeira Amorim Splits Its US Closures Arm 50/50 With Scott Laboratories — Joint Venture Scott Premium Closures Absorbs ACIC Cork & Closures for the North American Wine and Spirits Market

Corticeira Amorim and Scott Laboratories have signed a 50/50 joint venture, Scott Premium Closures, absorbing the Portuguese group's ACIC Cork & Closures US subsidiary and Scott's entire cork sales-and-support operation for the wine and spirits market across the United States and Canada.
The Portugal Brief