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

A data-centre server room lined with black equipment racks, network cabling and an APC power-distribution unit

Germany's Hennig Picks Figueira da Foz for a €51 Million Data-Centre Power Plant and 452 Jobs

Germany's Hennig will build its first large-scale European plant in Figueira da Foz — a €51 million investment with €7.7 million in state support and around 452 jobs, making power-protection systems for data centres, hospitals and public buildings. Production starts in early 2028.

The Portugal Brief 24 Jul 2026

The red Continente Bom Dia sign above a supermarket entrance in Portugal, with a row of shopping trolleys parked outside the glass doors

Lisbon's Appeal Court Revives the €34.4 Million Fine Against EDP and Sonae Four Months After a Lower Court Wrote It Off

The Tribunal da Relação de Lisboa ruled on Thursday that the case over the 2012 EDP Continente card partnership has not expired, reversing a March decision that had voided €34.4 million in fines. The authority says 19 cases worth over €880 million face the same clock.

The Portugal Brief 23 Jul 2026

The orange colonial-era City Hall of Praia, the capital of Cape Verde, with the national flag flying

Portugal Readies a €100 Million Credit Line for Firms Investing in Cape Verde as President Seguro Opens a Praia Business Forum

President António José Seguro says Portugal is finalising a €100 million credit line for companies investing in Cape Verde, unveiled as he opened a Portugal–Cape Verde business forum in Praia. Portugal was the archipelago's largest investor in early 2026, targeting renewables, digital services and t

The Portugal Brief 22 Jul 2026

Aircraft in TAP and Portugalia livery parked at Lisbon airport, surrounded by baggage carts, tugs and boarding stairs on the apron under a clear blue sky

Regulator Bars an Iberia-Linked Consortium From Airport Ground-Handling, Clearing the Path for Menzies

ANAC has excluded the Iberia-linked Union South consortium from the seven-year ground-handling tender at Lisbon, Porto and Faro, saying it failed to prove it could mobilise the resources it promised, and has called Menzies-owned SPdH to advance instead.

The Portugal Brief 22 Jul 2026

Aerial view of the Port of Sines on Portugal's Alentejo coast, with industrial terminals, long breakwaters and cargo ships in the blue Atlantic

Google's Nuvem Subsea Cable Comes Ashore at Sines, Giving Portugal Its First Direct Fibre Link to the United States and the Azores

Google's Nuvem cable has been moored at Sines, giving Portugal its first direct subsea link to the United States and its first ever to the Azores. Running 6,900 km from South Carolina via Bermuda and São Miguel, the €500 million system carries up to 384 Tbps and enters service in 2027.

The Portugal Brief 22 Jul 2026

The interior of a beauty and perfumery store, with cosmetics and toiletries stacked on tables and shelves and a shopper browsing

The Arié Group Absorbs Primor's 25 Portuguese Stores as Beauty Retail Consolidates

Portugal's Arié group has bought the 25-store Portuguese arm of Spanish perfumery chain Primor, keeping the brand and management. Arié already owns Perfumes & Companhia (around 145 shops), giving it a commanding grip on Portugal's beauty-retail market. The deal value was not disclosed.

The Portugal Brief 21 Jul 2026

Air France-KLM and Lufthansa Enter the Final Week of Bidding for a Stake in TAP

Air France-KLM and Lufthansa Enter the Final Week of Bidding for a Stake in TAP

Binding offers for up to 49.9% of TAP are due by 29 July, with Air France-KLM and Lufthansa the last two bidders after IAG walked away. A winner is expected in September.

The Portugal Brief 21 Jul 2026

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