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

Traffic on a tree-lined Lisbon avenue as new-car sales rise across Portugal

New-Car Registrations Accelerate More Than 10% Through July, With Electrics Taking a Quarter of the Market

Portugal registered 180,423 new vehicles between January and July, up 10.2% on last year, according to ACAP. Alternative-energy models took almost 75% of new car sales and pure electrics a quarter, though the industry warns the rebound still lags the ageing fleet's renewal needs.

The Portugal Brief 04 Aug 2026

Fixed-wing reconnaissance drones on display at a NATO exercise in Portugal

Russia Says It Downed a Rare Portuguese Tekever Drone, Days After the Maker Won a €467 Million UK Army Contract

Russian forces claim to have brought down a Tekever AR3, a reconnaissance drone made by the Portuguese defence-tech firm Tekever and supplied to Ukraine — even as the company lands a British Army contract worth up to €467 million.

The Portugal Brief 04 Aug 2026

A Tax Arbitration Panel Again Holds That Rental Deposits (Cauções) Are Not Income — but the Fisco Still Wants Them on Your IRS Return

A Tax Arbitration Panel Again Holds That Rental Deposits (Cauções) Are Not Income — but the Fisco Still Wants Them on Your IRS Return

If you rent out a home in Portugal, your tenant almost certainly handed you a caução (security deposit) when the lease was signed — usually one or two months' rent, held as a guarantee against unpaid rent or damage. A long-running question has hung...

The Portugal Brief 04 Aug 2026

For the First Time, Solar Was Portugal's Largest Source of Electricity in July

For the First Time, Solar Was Portugal's Largest Source of Electricity in July

Solar covered 19% of national output last month, edging past hydro and wind to top the mix for the first time, according to grid operator REN.

The Portugal Brief 03 Aug 2026

The columned entrance of the Ministry of Labour and Social Solidarity building in Portugal, with its name engraved above glass doors

Employers Caught With Undeclared Staff Now Repay Three Months of Contributions, Down From a Year

A rule in force since January cuts the back Social Security contributions an employer owes when caught using undeclared workers from twelve months to three, easing the penalty for firms even as fines climb, and shrinking the record of workers who were never registered.

The Portugal Brief 03 Aug 2026

The EU's AI Act Reaches Its Enforcement Phase, and Portugal Turns to a Late-Chosen ANACOM to Police the New Rules

The EU's AI Act Reaches Its Enforcement Phase, and Portugal Turns to a Late-Chosen ANACOM to Police the New Rules

The EU's AI Act moves into its enforcement phase on 2 August, with fines reaching €35 million or 7% of global turnover. In Portugal the regulator is a late-chosen ANACOM, now racing to build the teams to police transparency rules, general-purpose models and high-risk AI.

The Portugal Brief 03 Aug 2026

The Casino da Póvoa in Póvoa de Varzim lit up at dusk, its cream facade glowing with pink neon CASINO signage under a deep blue sky

France's Groupe Barrière Overhauls the Casino da Póvoa and Eyes a Lisbon Hotel Next

Groupe Barrière, the French gaming and hospitality group, took over the Casino da Póvoa from Estoril-Sol on 1 May and is planning a two-to-three-year makeover of the 1930s building, new dining and live shows, while keeping about 220 staff. It is also preparing a hotel-and-residential project in Lisb

The Portugal Brief 02 Aug 2026

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