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Portugal
06 March 2023

Singapore’s GIC to invest EUR 1bn to acquire a stake in Portugal’s EDP Renovaveis
Singapore’s GIC has committed to investing EUR 1 billion to acquire a stake in Portugal’s EDP Renovaveis (EDPR), which is planning to raise equity to fund a EUR 21 billion expansion plan to invest in renewables.
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil
EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
28 February 2023

Millennium bcp reports 51% rise in net income to EUR 207.5 million
Millennium bcp, whose biggest shareholder is China´s Fosun, reported 51% rise in net income in 2022, to EUR 207.5 million.
28 February 2023

EDP Renováveis profit rises to EUR 671 million in 2022
EDP Renováveis (EDPR), the renewables subsidiary of Portugal´s EDP whose biggest shareholder is China Three Gorges, saw profit rise slightly in 2022 to EUR 671 million (USD 709.4 million). 
27 February 2023

Macao government chief expects Macao Forum ministerial conference in 2023 after 4-year postponement
Macao government chief Ho Iat Seng expects the sixth ministerial conference of the Macao Forum, postponed since 2019, to be held this year.
27 February 2023

Chinese ambassador in Portugal visits Quinta da Marmeleira winery
Chinese ambassador to Portugal Zhao Bentang visited the Quinta da Marmeleira winery in the outskirts of the Portuguese capital, an investment by Wu Zhiwei, a leading entrepeneur from Macau.
22 February 2023

Portuguese-speaking countries business council leader discusses Macao ties with businessman Wu Zhiwei
Portuguese-speaking countries Business Confederation (CE-CPLP) leader Nelma Fernandes met with Macao businessman, Wu Zhiwei to discuss ties with the Chinese Special Administrative region.
21 February 2023

Korean Trade-Investment Promotion Agency to reopen office in Lisbon
Korean Trade-Investment Promotion Agency KOTRA is reopening its office in Lisbon, closed 15 years ago.
20 February 2023

Portugal to scrap ‘golden visas’ for wealthy
Portugal has scraped its “golden visa” program for wealthy non-Europeans, that helped pull in foreign investment, mostly from Chinese nationals.
15 February 2023

Taiwan Cement Corporation (TCC) enters EV charging business in Portugal
Atlante, an Italian company that belongs to the French group NHOA, owned by Taiwan Cement Corporation (TCC), is entering the electric vehicles charging business in Portugal.
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