Turkish group takes over Loulé’s CIMPOR cement factory
Loulé’s CIMPOR cement factory has been sold to Turkish group OYAK along with all of CIMPOR’s assets in Portugal. The conglomerate, owned by Turkey’s Armed Forces pension fund, has also
MAR Shopping celebrates 1st anniversary with concert, discounts and free activities
MAR Shopping Algarve will be celebrating its first anniversary with a concert by popular Portuguese band HMB on Friday, October 26, at 9pm. There will also be several special deals
Douro steam train wins award at UK’s Department for International Trade Business Awards
A steam train operated along the Douro river in Portugal has received an award from the Business Awards of the UK’s Department for International Trade. The train was recognised in
NERA business association hosts seminar on AL legislation changes
A seminar to discuss the changes to local lodging (Alojamento Local, or AL) legislation in Portugal will be held at the auditorium of the Algarve’s NERA business association in Loulé
Portugal’s new hotel booking website launched
A new online platform for hotel bookings has been launched in Portugal. Entitled ‘Click2Portugal’, the website was launched by Portugal’s hotel association (AHP) in a bid to create a digital
Spanish hotel chain chooses Portugal to start expansion
Spanish hotel chain Casual Hotels has picked Portugal to begin its international expansion, having announced plans to open two hotels in Lisbon and Porto next year. According to Spanish tourism
Ireland Portugal Business Network hosts first Algarve event
The Ireland Portugal Business Network welcomed more than 70 people Tony Boyle, Chair of the IPBN The Ireland Portugal Business Network (IPBN) hosted its first Algarve event on Thursday, October
IKEA reports 14% increase in sales in Portugal
Swedish furniture giant IKEA has reported a 14% increase in sales in Portugal, reaching a total of €457 million. The data refers to the fiscal year of 2018, which came
Linen Etc opens new shop in Lagoa
Linen Etc has opened a second shop in the Algarve, bringing its selection of bedding, towels, soft furnishing and more to Lagoa. The shop is located in the town’s Parque
Algarve’s MAR Shopping wins award at Lisbon property fair
Loulé’s MAR Shopping was the winner of the Best Property Development award in the category of ‘Commerce, Services and Logistics’ at the SIL property fair which took place in Lisbon










