Portugal

Visabeira Indústria launches mandatory offer to take Martifer private at €2.057 per share

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Visabeira Indústria, in partnership with I’M (brothers Carlos and Jorge Martins) and Mota-Engil, launched a mandatory public acquisition offer for Martifer. The offer period runs from May 18 to June 3, 2026, at 2.057 euros per share. The three parties together control 85.59% of Martifer and are seeking to acquire the remaining 14.41% of shares. If successful, they intend to delist the company from the stock exchange.

Portuguese news agency Lusa defends editorial independence after municipality accusations of manipulation

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Lusa’s Information Department sent a letter to Vila Nova de Gaia’s municipal president criticizing his executive’s accusations of manipulation. The conflict arose after Lusa published a news story based on official information from the Official Journal, reporting on the cancellation of a recruitment competition for 136 employees and simultaneous opening of 93 management positions. The municipality called the reporting a ‘lamentable, lying and despicable’ attempt at manipulation. The Lusa Editorial Board expressed support for the Information Department, stating that the accusations are unjust and disproportionate, emphasizing that journalism can only be exercised in freedom.

Grupo RTP Enters Pod_Scope Rankings as Portugal’s Fifth-Largest Audited Podcast Publisher

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Grupo RTP debuted in Pod_Scope, Marktest’s technical and independent podcast measurement service for Portugal, with 1.09 million downloads in April 2025. The group ranked fifth among audited publishers. By brand, RTP Antena 1 entered the rankings at seventh place with 531,000 monthly downloads, while RTP Antena 3 achieved 49,500 weekly listeners in seventh position. The podcast ‘Portugalex’ from RTP Antena 1 directly entered the individual format rankings at position 22.

Grupo Brisa Reports Strong 2025 Growth With €1.23 Billion in Revenue Following Strategic Merger

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Grupo Brisa, Portugal’s highway concessions operator, reported 2025 revenues of 1,231.6 million euros, a 13% increase from 2024. The group completed a merger with Rubicone BidCo effective January 1, 2025, strengthening its financial capacity. Net income was 173.4 million euros (down 44% from 2024 due to accounting effects of the merger). EBITDA increased 5.3% to 860.9 million euros. The group invested 109 million euros in infrastructure maintenance and improvements, a 25.9% increase from the previous year.

Portugal Positions Itself as Europe’s Space Gateway at eRadar Conference

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At the eRadar Annual Conference in Lisbon, Geosat CEO Francisco Cunha participated in a panel discussing Portugal’s unique position as a gateway for European space access and return. The discussion highlighted Portugal’s strategic Atlantic location, the importance of public-private partnerships in the aerospace sector, and the role of institutions like IPN in supporting space companies. Open Cosmos, a British company, is producing satellites at IPN facilities at a rate of approximately 10 satellites per year as part of the Atlantic Constellation project.

EDP’s CFO Charts Course Through Energy Transformation, Receives Industry Recognition

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Rui Teixeira, CFO of EDP, discusses the challenges of managing a capital-intensive energy business amid volatile geopolitical and macroeconomic conditions. He emphasizes the need for CFOs to be active agents of change in the digital transformation era, particularly regarding AI adoption and employee empowerment. EDP has announced a 12 billion euro investment plan through 2028 and maintains 80% of debt with fixed interest rates.

ARCO Lisbon marks decade of growth with 9th edition featuring 84 galleries across 18 countries

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ARCO art fair celebrates its 10th anniversary in Lisbon with the 9th edition taking place from May 28-31, 2026 at Cordoaria Nacional. The fair has grown from 45 galleries in 2016 to 84 galleries from 18 countries in 2026. The director emphasizes maintaining a human scale and distinct Lisbon identity separate from ARCO Madrid. The edition features 470 artists, seven acquisition awards, and includes special sections like ‘Opening Lisboa’ for new galleries and ‘Arquipélago de História de Arte’ exploring contemporary creation techniques.

Israeli Real Estate Group Youropa Establishes Porto Office, Targets 280 Units Across Multiple Projects

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Youropa, an Israeli real estate group, inaugurated a new office in Porto’s Boavista area. The company currently manages five projects under construction or delivery valued at 80 million euros, seven projects in commercialization, and over 100 units available for resale and rental. The group plans to complete six projects in 2026 with over 150 units and deliver eight additional projects by year-end, totaling over 280 units. Youropa also expects to secure over 30 million euros in financing by end of 2026.

Portuguese Investor António Moreira Proposes €17 Million Acquisition of Azores Airlines

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Portuguese investor António Moreira, through UK-based ALM Investment Holding, has made a proposal to acquire 85% of Azores Airlines for 17 million euros with a commitment to invest up to 500 million euros following debt restructuring. The privatization process has attracted 6-8 interested parties including Icelandair and Binter.

Portuguese AI Startup Anybrain Expands Anti-Cheat Platform Across Gaming Platforms With International Patent Portfolio

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Anybrain is a Portugal-based startup that uses AI and machine learning to detect cheating in multiplayer games and esports events through behavioral input analysis. The company analyzes how players interact with input devices (keyboard, mouse, gamepad, touchscreen) to identify abnormal or synthetic behavior patterns indicative of cheating. Founded in 2019 by André Pimenta Ribeiro, who has a PhD in AI, the company has secured patents in the US, Europe, and South Korea and is currently working with major AAA game studios.