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Automotive components assembly line — illustrative

Coindu Walks Up to 493 of Its 752 Joane Famalicão Workers Into a Six-Month Phased Lay-Off Running May to November 2026 — Another Print for Portugal's 2026 Auto-Components Ledger After Bosch, Husqvarna, Yazaki and Enercon

Coindu opens a six-month phased lay-off at Joane, Vila Nova de Famalicão, running May–November 2026, with up to 493 of 752 workers in the contingency pool. The auto-components supplier cites tariffs, war, and a demand drop — and projects an activity recovery in 2027.
The Portugal Brief
Husqvarna Group Walks the Rio de Mouro Sintra Factory Into Its End-of-2026 Closure Window — Stone Diamond Tools Exit Cuts SEK 250 Million of Annual Sales Across Portugal, Belgium and Greece in Glen Instone's Portfolio Cut

Husqvarna Group Walks the Rio de Mouro Sintra Factory Into Its End-of-2026 Closure Window — Stone Diamond Tools Exit Cuts SEK 250 Million of Annual Sales Across Portugal, Belgium and Greece in Glen Instone's Portfolio Cut

The Swedish power-tools group Husqvarna has confirmed that its stone-diamond-tools manufacturing operations in Rio de Mouro, Sintra — alongside companion sites in Belgium and Greece — walk into a closure window that completes by the end of 2026. The...
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
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