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Breaking news and developing stories from across Portugal.
Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 Net Profit Quintuples to €58.7 Million on the Alloga Logifarma Divestment — €908.6 Million Revenue, €51.6 Million EBITDA as the ANF-Controlled Holding Reweights Around Glintt, CUF and HMR International

Farminveste's 2025 net profit hit €58.7M, nearly quintupling 2024's €11.2M, on the May-2025 sale of 51% of Alliance Healthcare (Alloga Logifarma). Volume of business €908.6M (+7.6%); EBITDA €51.6M (+10%); continuing ops €26M; discontinued ops €73.8M from the divestment.
The Portugal Brief
Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Transtejo Soflusa Will Open a Direct Seixal–Barreiro Electric-Ferry Run From June 2026 — Weekends First, Then Weekdays, on Top of the 100% Electric Seixal–Cais do Sodré Spine That Has Already Saved 1.74 Million Litres of Diesel

Minister Miguel Pinto Luz confirmed Transtejo Soflusa will open a Seixal–Barreiro fluvial connection in June 2026 — weekends first, weekdays to follow. The new line plugs into a 10-vessel electric fleet that has carried 2 million passengers and saved 1.74 million litres of diesel a year.
The Portugal Brief
BPCE's €1 Billion Cheque to the Fundo de Resolução Covers Only 15% of the Vehicle's State and Banking-Sector Debt — Novo Banco-Banif Liabilities Still Hang Over the System as Luís Máximo dos Santos Steers Repayment Plan

BPCE's €1 Billion Cheque to the Fundo de Resolução Covers Only 15% of the Vehicle's State and Banking-Sector Debt — Novo Banco-Banif Liabilities Still Hang Over the System as Luís Máximo dos Santos Steers Repayment Plan

The €1 billion the Fundo de Resolução netted from the BPCE acquisition of Novo Banco covers only 15% of the vehicle's accumulated debt to the Portuguese state and the bank-sector consortium. Implied residual liability of around €5.5-6 billion, with no disclosed repayment horizon.
The Portugal Brief
PCP to Table a €50 Permanent Monthly Pension Increase From July 1 — Communist Bench Pushes a Structural Raise Over the Government's Preferred One-Off Bonus, Montenegro Says 'É cedo' to Decide on Another Supplement

PCP to Table a €50 Permanent Monthly Pension Increase From July 1 — Communist Bench Pushes a Structural Raise Over the Government's Preferred One-Off Bonus, Montenegro Says 'É cedo' to Decide on Another Supplement

PCP to table a €50 permanent monthly pension increase from 1 July, structured as a base-line uplift rather than a one-off bonus. Montenegro says 'é cedo'. Annualised cost around €2.5-2.6 billion against a Programa de Estabilidade just revised down to a null surplus.
The Portugal Brief
INSA's 2025 REVIVE Report Puts Aedes albopictus in 28 Mainland Municipalities — Lisboa, Oeiras, Almada and Sesimbra Join the Tiger-Mosquito Footprint as Dengue Serotype 2 Persists in Madeira's Aedes aegypti

INSA's 2025 REVIVE Report Puts Aedes albopictus in 28 Mainland Municipalities — Lisboa, Oeiras, Almada and Sesimbra Join the Tiger-Mosquito Footprint as Dengue Serotype 2 Persists in Madeira's Aedes aegypti

INSA's 2025 REVIVE Report puts Aedes albopictus in 28 mainland municipalities, up from 18 in 2024. Six new municipalities added in 2025 — Condeixa-a-Nova, Covilhã, Lisboa, Oeiras, Almada and Sesimbra. Dengue serotype 2 again detected in Madeira's Aedes aegypti.
The Portugal Brief