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

The modern glass facade of the Casino da Figueira on the seafront at Figueira da Foz, Portugal

Cirsa Takes Full Control of the Casino da Figueira, Tightening Its Grip on Portuguese Gaming

Cirsa, the Barcelona-based gaming multinational owned by Blackstone, has taken full ownership of the historic Casino da Figueira — the only licensed casino on Portugal's central coast. The deal completes a push that began with the December 2024 purchase of Casino Portugal and a 2025 joint venture, a

The Portugal Brief 20 Jul 2026

The Campus de Justica de Lisboa courthouse complex in Parque das Nacoes, Lisbon, Portugal

A Lisbon Court Acquits Ricardo Salgado and Seven Others in the Banco do Brasil Bribery Case

The Central Criminal Court of Lisbon has acquitted former Banco Espirito Santo chief Ricardo Salgado and seven co-defendants of paying bribes to secure BES financing, finding no evidence to sustain the charges. Prosecutors had alleged roughly $1.8 million was routed to a Banco do Brasil vice-preside

The Portugal Brief 20 Jul 2026

Terraced vineyards climbing the steep slopes of the Douro Valley in northern Portugal

Portuguese Wine and Olive Oil Lose Ground in America as US Tariffs Bite

Portuguese wine exports to the United States fell 14% to €87.76 million as US tariffs bite, mirroring double-digit EU-wide declines in wine and olive oil. With wine, olive oil and cork making up three-quarters of Portugal's farm exports, producers are hunting for thirstier markets.

The Portugal Brief 20 Jul 2026

Glovo food-delivery couriers with yellow branded boxes parked on scooters beside a city street

Uber Buys Glovo's Owner for €13 Billion but Carves Portugal Out of the Deal

Uber agreed on 16 July to buy Glovo's owner Delivery Hero for about €13 billion, but deliberately excluded 14 markets where the brands compete — including Portugal. Glovo's Portuguese operation will pass to US fund SSW Partners, keeping it separate from Uber Eats.

The Portugal Brief 20 Jul 2026

A cream-and-black Lisbon taxi parked on a cobbled square lined with Portuguese buildings

Portugal Rewrites Its Ride-Hailing Law: Taxis Can Join Uber and Bolt, and Drivers Must Speak Portuguese

Parliament approved a revision of Portugal's TVDE law on 17 July, letting licensed taxis operate through apps like Uber and Bolt and requiring platform drivers to speak Portuguese. Taxi associations condemned the change and accused the government of ignoring 'dumping' by the sector's multinationals.

The Portugal Brief 20 Jul 2026

Portuguese national-team supporters in red and green shirts waving flags and beating drums at a match

Portugal Crashed Out of the World Cup Early, but Its Sponsors Say They Came Out Ahead

Portugal's round-of-16 exit cost Roberto Martínez his job, but the brands behind the Seleção — Sagres, Galp, Generali Tranquilidade and BPI — are counting a win. The team's five matches drew 15.88 million viewers and Sagres alone hit 71% sponsor recall. One estimate valued the campaign at €561 milli

The Portugal Brief 19 Jul 2026

Shoppers on Rua de Santa Catarina, a pedestrian shopping street lined with tiled buildings in Porto, Portugal

Portugal's 14,133 Top-Rated Smaller Firms Booked €63 Billion in Sales Last Year

The 2025 PME Líder roll named 14,133 well-run small and mid-sized firms that together turned over €63 billion, exported more than €10 billion and employed some 445,000 people. Sales rose 5.9% and profits widened, with commerce and northern industry leading a low-debt segment that keeps the economy g

The Portugal Brief 19 Jul 2026

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