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

Blister packs of white pills and red-and-cream capsules beside a glass apothecary jar and a small bottle of medicine on a white background

Hovione Pours €200 Million Into a New Seixal Medicines Factory Due to Open in 2027

Portuguese pharmaceutical group Hovione is investing €200 million in a new medicines factory at Seixal, now in its final construction phase and due to open in September 2027 with at least 100 qualified jobs. The plant is funded entirely from the company's own equity, without EU money.

The Portugal Brief 30 Jul 2026

Allianz Portugal Buys Caravela in a €150 Million Deal, Becoming the Country's Fourth-Largest Non-Life Insurer

Allianz Portugal has agreed to buy 100 percent of non-life insurer Caravela in a deal reported at around €150 million, lifting its market share to 6.4 percent and making it Portugal's fourth-largest non-life insurer and third in motor cover. The ASF and Competition Authority must still approve.

The Portugal Brief 30 Jul 2026

The State Lines Up 17 Company Stakes for Sale, From the Estoril Racetrack to Holdings in NOS and CTT

The State Lines Up 17 Company Stakes for Sale, From the Estoril Racetrack to Holdings in NOS and CTT

Finance Minister Miranda Sarmento says the State will sell its stakes in 17 companies — from the Estoril racetrack and Mobi.E to minority holdings in NOS and CTT — raising about €22 million and redefining the role of holding company Parpública.

The Portugal Brief 29 Jul 2026

Portugal's Goods Exports Rebound 10% in the Second Quarter, Snapping Two Quarters of Decline

Portugal's Goods Exports Rebound 10% in the Second Quarter, Snapping Two Quarters of Decline

Portuguese goods exports rose 10% year-on-year in April-June, INE's rapid estimate shows, reversing two quarters of decline. April surged 15.5%, imports climbed 8.2%, and May's trade deficit narrowed by €514 million.

The Portugal Brief 29 Jul 2026

Praça do Comércio in Lisbon seen from the Tagus river, with yellow arcaded buildings, the Rua Augusta triumphal arch and São Jorge castle hill behind

A CIP/ISEG Barometer Pegs Portugal's Spring Growth at 2 Percent as Rising Oil Prices Squeeze Company Margins

Portugal's economy likely grew about 2 percent year-on-year in the second quarter, a CIP/ISEG barometer estimates — down from 2.2 percent in the first quarter, with just 0.4 percent quarter-on-quarter growth. Rising oil prices are squeezing company margins as the recovery loses momentum.

The Portugal Brief 29 Jul 2026

Vodafone Anchors a New Global Cybersecurity Centre in Lisbon and Opens Hiring for Forty Specialists

Vodafone will open a Global Cyber Centre at its Lisbon headquarters in Parque das Nações, starting with around forty cybersecurity specialists hired by the end of 2026. The hub joins the group's existing centres in the UK, Germany, Romania and India.

The Portugal Brief 29 Jul 2026

A row of white wind turbines on green hills above a Portuguese village, with farmland in the foreground

EDP's Renewables Arm Doubles Its Half-Year Profit to €184 Million, Carried by the United States

EDP Renováveis reported net profit of €184m for the first half of 2026, up from €93m a year earlier, as EBITDA rose 11% to €1,057m and the United States alone contributed 62% of it. CEO Miguel Stilwell d'Andrade says 70% of the group's growth targets through 2028 are already secured.

The Portugal Brief 29 Jul 2026

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