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Business news, startups, investments, and corporate developments in Portugal.
Miguel Pinto Luz Prepares a Modular Construction Acordo-Quadro for Câmaras Municipais After His Jornal de Negócios Podcast on Wednesday 13 May — Industrialised-Building Diploma Anchors the Government's Habitação Pipeline

Miguel Pinto Luz Prepares a Modular Construction Acordo-Quadro for Câmaras Municipais After His Jornal de Negócios Podcast on Wednesday 13 May — Industrialised-Building Diploma Anchors the Government's Habitação Pipeline

Infrastructure Minister Pinto Luz confirmed on a Jornal de Negócios podcast that an acordo-quadro for modular construction lands at the Conselho de Ministros within weeks. The framework opens municipal tenders to industrialised builders alongside the October 2025 design-build reform.
The Portugal Brief
Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol Pays €5.97 Million for a 75% Stake in Ten Galicia KFC Restaurants — Lisbon-Listed Operator Closes Gallaecia Buy-Out at a €9.6 Million Valuation, Iberian-and-Angolan Network Now 562 Units

Ibersol completed the buy-out of Gallaecia's KFC franchise in Galicia on 27 March 2026, paying €5.97 million for the remaining 75% of six companies running ten KFC restaurants. The deal values the group at €9.6 million. Lisbon-listed Ibersol now runs 562 units across Portugal, Spain and Angola.
The Portugal Brief
Altice International Converts €2.5 Billion of Intragroup Debt Into Meo Portugal Capital on 8 May — Operator's Share Capital Lifts From €17 Million to €2.535 Billion as Drahi's November 2025 Unrestricted-Subsidiary Defence Hardens Into a Liquidity Wall

Altice International Converts €2.5 Billion of Intragroup Debt Into Meo Portugal Capital on 8 May — Operator's Share Capital Lifts From €17 Million to €2.535 Billion as Drahi's November 2025 Unrestricted-Subsidiary Defence Hardens Into a Liquidity Wall

Altice International executed a €2.5 billion capital increase in kind at Meo Portugal S.A. on 8 May 2026, converting intragroup debt into share capital and lifting the operator's registered share capital from roughly €17 million to €2.535 billion in...
The Portugal Brief
Hovione Names António Almeida and Marco Gil Co-CEOs as Jean-Luc Herbeaux Steps Down on 21 May After Three-Year Run — Both Incoming Executives Carry 19-Year Tenures and the Permanent CEO Search Is Already Open

Hovione Names António Almeida and Marco Gil Co-CEOs as Jean-Luc Herbeaux Steps Down on 21 May After Three-Year Run — Both Incoming Executives Carry 19-Year Tenures and the Permanent CEO Search Is Already Open

Hovione, Portugal's flagship pharmaceutical contract-development-and-manufacturing group, will replace Jean-Luc Herbeaux with a two-person co-CEO bridge on 21 May 2026. António Almeida (CFO) and Marco Gil (SVP Sales & Marketing) take the top job jointly; both joined Hovione in 2007.
The Portugal Brief
Ljubomir Stanisic Sells the 100 Maneiras Group to the International Operator Behind Las Ficheras — Bistro 100 Maneiras and Carnal Gastrobar Move Across With the Flagship Lisbon Restaurant After 17 Years and an April Kitchen Fire

Ljubomir Stanisic Sells the 100 Maneiras Group to the International Operator Behind Las Ficheras — Bistro 100 Maneiras and Carnal Gastrobar Move Across With the Flagship Lisbon Restaurant After 17 Years and an April Kitchen Fire

Ljubomir Stanisic has sold the 100 Maneiras restaurant group to Dhurba Subedi, the international operator behind the Las Ficheras venue in Lisbon and a global portfolio of more than 100 restaurants. The deal — announced on Thursday, 8 May 2026 —...
The Portugal Brief
Sonae's SC Hospitality Pours €50 Million Into Eight New The Editory Hotels — First Açores Property, Two Each in Madeira, Lisboa and the Algarve, Plus a €5 Million Renovation Tape, on a Plan To Triple the Portfolio to 30 Hotels by 2031

Sonae's SC Hospitality Pours €50 Million Into Eight New The Editory Hotels — First Açores Property, Two Each in Madeira, Lisboa and the Algarve, Plus a €5 Million Renovation Tape, on a Plan To Triple the Portfolio to 30 Hotels by 2031

SC Hospitality CEO Gonçalo Bernardes told Diário de Notícias the Sonae hospitality unit is putting €50M into eight new The Editory hotels — including its first Açores property — plus a €5M renovation tape, on a plan to lift the portfolio from 12 to 30 hotels by 2031.
The Portugal Brief