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

A TAP Air Portugal Airbus A321neo in flight with landing gear down, showing the airline's red, green and white livery

TAP's Sale Price Climbs to Five Times Its 2015 Level as Air France-KLM and Lufthansa Table Binding Offers

A financial valuation circulating as binding offers fall due values the whole of TAP at €1.948bn–€2.073bn, about five times its 2015 privatisation. The 49.9% stake the State is selling would be worth an estimated €972m–€1,034.5m, with Air France-KLM and Lufthansa the two bidders left in the race.

The Portugal Brief 29 Jul 2026

CTT's First-Half Profit Falls 41.6% to €12.9 Million Even as Revenue Grows, With a New EU Parcel Fee Looming Over the Second Half

CTT's consolidated net profit fell 41.6% to €12.9 million in the first half of 2026 even as revenue rose 12.9% to €674.3 million. Banco CTT income grew 8.1% and the buyback expanded, but a new EU handling fee on sub-€150 parcels from China now looms over the parcel business.

The Portugal Brief 29 Jul 2026

The two tall towers of the Champalimaud Centre for the Unknown, a Lisbon biomedical research campus, standing beside the Tagus estuary under a blue sky

State-Backed Portugal Ventures Puts €2.1 Million Into 14 Science Start-Ups, Weighted Toward Health and Industry

Portugal Ventures, the venture-capital arm of the state development bank, is investing €2.1 million across 14 early-stage start-ups through its INNOV-ID programme. Seven are in life sciences and five in industry — a deliberate tilt toward Portugal's research strengths in health, biotech and advanced

The Portugal Brief 28 Jul 2026

An Azores Airlines Airbus jet parked on the apron at Ponta Delgada's Joao Paulo II Airport at dusk, with boarding stairs, ground vehicles and passengers alongside

The Azores Offer Their Airport Ground-Handling Arm for Sale, Ringing It With Job and Headquarters Guarantees

The Azores regional government has opened the sale of SATA Handling, the ground-services arm of the islands' airline group. Bidders need five years' experience and must keep the headquarters in the Azores and freeze job cuts for 30 months — a privatisation entirely separate from the TAP sale on the

The Portugal Brief 28 Jul 2026

A Galp petrol station in the Algarve under a clear blue sky, with the orange Galp canopy and yellow Desconto discount banners by the forecourt

Galp Rejects Capped Fuel Margins as the Energy Minister Orders ERSE to Study Them

Environment and Energy Minister Maria da Graça Carvalho has asked the regulator ERSE to study capping the commercial margins fuel firms add at the pump. Galp's co-CEO calls the idea one that 'doesn't seem to make sense', even as the group's half-year profit jumped 44 percent to 812 million euros and

The Portugal Brief 28 Jul 2026

The fresh-produce aisle inside a Continente supermarket in Portugal, with shoppers and euro price tags

Eight of the Ten Brands Portuguese Shoppers Choose Most Are Homegrown, From Mimosa to Milaneza

Eight of the ten brands most chosen by Portuguese shoppers are national, the Worldpanel Brand Footprint study finds, led by the dairy label Mimosa for a 14th year with 35.4 million reach points. Only Coca-Cola and Colgate break the homegrown grip on the top ten.

The Portugal Brief 28 Jul 2026

The seafront skyline of Figueira da Foz, central Portugal, seen across the beach

A 75-Year-Old Munich Group That Supplies Nvidia and Apple Will Build a €53 Million Data-Centre Components Plant in Figueira da Foz

Hennig, a 75-year-old Munich manufacturer that supplies Nvidia and Apple, will build a €53 million plant for data-centre and energy components in Figueira da Foz, creating 450 jobs by 2028. The deal, backed by €7.7 million in state support via AICEP, targets €500 million in turnover.

The Portugal Brief 27 Jul 2026

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