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CaetanoBus' Japanese Shareholder Mitsui Cuts Its Stake to 19.7% as British National Express Cancels 60% of Coach Orders — Ovar Plant Books a 2025 €13.8 Million Loss and 88-Worker Layoff Through June

CaetanoBus' Japanese Shareholder Mitsui Cuts Its Stake to 19.7% as British National Express Cancels 60% of Coach Orders — Ovar Plant Books a 2025 €13.8 Million Loss and 88-Worker Layoff Through June

Mitsui's CaetanoBus stake halves from 38% to 19.7% after declining a €15M capital increase, as the British National Express cancels 60% of orders, a Vila Nova de Gaia plant fire and €20M+ revenue hit pile up. 2025 net loss €13.8M, 88-worker layoff through June.
The Portugal Brief
Martifer Books a €3 Million Hospital Steel Contract in Angola and Lines Up €30 Million-Plus of Renewables Capex Across Poland and Romania — Oliveira de Frades Group Diversifies as the Viana do Castelo Yard Builds for Japan's Ryobi

Martifer Books a €3 Million Hospital Steel Contract in Angola and Lines Up €30 Million-Plus of Renewables Capex Across Poland and Romania — Oliveira de Frades Group Diversifies as the Viana do Castelo Yard Builds for Japan's Ryobi

Martifer wins a €3 million structural-steel contract for a new Angolan hospital and commits €30 million-plus to renewables in Poland and Romania. The Oliveira de Frades group is parallel-tracking a Japanese cruise hull for Ryobi at Viana do Castelo and Navy work.
The Portugal Brief
Vila Nova de Famalicão's Ysium Walks From Leica Optics Into Defence and Aerospace — Hugo Freitas Books a €10 Million-Plus 2026 With Leopard 2 Stabilisers, Sniper-Sight Components and Galileo Satellite Parts From the Ex-Leica Plant

Vila Nova de Famalicão's Ysium Walks From Leica Optics Into Defence and Aerospace — Hugo Freitas Books a €10 Million-Plus 2026 With Leopard 2 Stabilisers, Sniper-Sight Components and Galileo Satellite Parts From the Ex-Leica Plant

Famalicão's Ysium — founded by Hugo Freitas in 2014 with €500,000 capital — has pivoted from Leica optical components to defence and aerospace precision parts. 2026 revenue: €10M+, 70 employees, contracts in the Leopard 2 stabiliser line and the Galileo constellation.
The Portugal Brief
BA Glass Closes Its First North African Deal — Vila Nova de Gaia Group Takes 41% of Tunisia's Sotuver Through Its Dutch Holding, Adding a 650-Worker Plant Outside Tunis to a 13-Factory European-and-Mexican Footprint

BA Glass Closes Its First North African Deal — Vila Nova de Gaia Group Takes 41% of Tunisia's Sotuver Through Its Dutch Holding, Adding a 650-Worker Plant Outside Tunis to a 13-Factory European-and-Mexican Footprint

Vila Nova de Gaia's BA Glass has closed its first North African deal — 41% of Tunisia's Sotuver via Dutch holding BA Glass B.V. Tunis CMF cleared the transfer on 2 April, after Commerce Ministry approval 4 March. The 650-worker Khelidia plant joins a 13-factory €1.5bn footprint.
The Portugal Brief