Industrial output registers biggest drop of 2014 in November
Portugal’s industrial output fell 2% in November compared to the same month in 2013. It was the largest production drop of the year, reports INE statistics institute. And in December,
Portuguese businessman receives ‘American Dream’ award
Luís Pedroso is living proof of the American Dream. Moving to the USA from the Azores as a child, the 54-year-old Portuguese entrepreneur built up a reputable business career that
Barbour arrives
Perfectly timed for Christmas, Barbour International has opened its fifth shop worldwide in Lisbon’s Príncipe Real on Rua Dom Pedro V in the heart of town. The exclusive clothing store
850 entrepreneurs apply for ‘Shark Tank Portugal’
So far, 850 business ideas have been presented to producers of Shark Tank Portugal, a Portuguese take on the popular American reality TV show that features aspiring entrepreneurs pitching their
Foreign Affairs chief takes ambassadors on guided tours
A new government programme devised to take foreign ambassadors in Portugal on guided tours of the country’s lesser-known inland regions aims to promote the destination in a creative way. The
AKI reopens in Portimão
DIY chain AKI is at last re-opening in Portimão after being wiped off the local map two years ago by a devastating fire. The company has opened across the road
Internationalisation seminar: go where the money is
“There is no money in Portugal so we have to go where there is: new markets,” states Filomena Ramilo, one of the speakers at a seminar on business internationalisation held
Altice wins bid for battle-scarred Portugal Telecom
Following months of rumours and speculative bidding, it emerged yesterday that French telecommunications giant Altice is set to buy battle-scarred Portugal Telecom for €7.4 billion. Owning company Oi, which decided
Faro’s Fnac store opens at Forum Algarve
Retail chain Fnac officially opened its latest store at Faro’s Forum Algarve shopping centre this morning (November 28) at 10am, following yesterday’s guest-only opening party. The 1,435sqm outlet, which has
Mabor tyres back in business
Portuguese tyre company Continental Mabor is set to launch a new brand of budget tyres known as the ‘Sport-Jet3’, six years after commercialising its last product. The tyres will be