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Portugal
03 August 2023
China´s XCMG and Portugal´s Martifer Partner in New Energy Equipment
XCMG Machinery has signed a cooperation deal with Martifer, leader in construction and in the new energy sectors in Portugal, aimed at expanding new energy equipment in the Portuguese market.
20 July 2023
Kinlong Hardware Products Relocating Operations in Portugal to Industrial Hub
China's Kinlong Hardware Products is relocating all of the operations of its Portuguese subsidiary Cifial to a single industrial hub, where it is investing in new equipment, process efficiency and new products.
17 July 2023
EDP Increases Stake in EDP Brasil to 88% With EUR 821 Million Investment
EDP, whose biggest shareholder is China Three Gorges, increased its stake in EDP Brasil from 56% to almost 88%, following a takeover bid (OPA) aiming to delist the Brazilian subsiditary from the stock market.
13 July 2023
Portugal’s Mota-Engil Signs EUR 840 million Nigeria Rail Contract
Portugal's largest builder Mota-Engil, partly owned by China´s CCCC, has signed an EUR 840 million contract to supply and finance railway rolling stock in Nigeria, strengthening its order book in Africa.
11 July 2023
Portugal´s Auto Sueco Becomes Official Distributor of DongFeng Trucks in Mozambique
Auto Sueco Moçambique, has become the official distributor of Chinese-made trucks DongFeng, also servicing vehicles in its vast network in the African country.
06 July 2023
China´s CALB Lithium Battery Factory in Portugal in Peril
Chinese group China Aviation Lithium Battery Technology´s (CALB) lithium battery factory in Portugal, one of the major investments planned in the European country, is now at risk.
03 July 2023
Fidelidade, Fosun and Hospital da Luz Promote Health Startups in Portugal
Portugal-based insurer Fidelidade and Hospital da Luz Learning Health, in partnership with China´s Fosun, launched another edition of Protechting, an international program to support and boost the growth of innovative startups in the healthtech and insurtech sectors.
29 June 2023
EDPR Brings Solar Power to Malaysia’s Largest Shopping Center
EDP Renewables, whose parent company EDP has China Three Gorges as its biggest shareholder, installed a 1.9 Megawatt (MWp) solar power plant for self-consumption in the largest shopping center in Malaysia, with 3,584 panels.
26 June 2023
Golden Visas Still Available in Portugal
Investment in venture capital funds will qualify a person for a golden visa in Portugal, under new legislation that stops the issuance of special residence permits for direct investment in real estate.
22 June 2023
Chinese Embassy in Portugal Strengthens Ties With Lusophone and Macao Business Leaders
The Ambassador of the People's Republic of China in Lisbon, Zhao Bentang, welcomed a delegation of business leaders from Portuguese-speaking countries and Macao, aiming at strengthening cooperation.
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