AGP Executive Report
Last update: 6 hours agoBusiness Outlook: Portugal’s business leaders gathered to discuss how to build on growth, as the Bank of Portugal raised its 2026 growth forecast to 2.3%. The development bank chief also warned the country must catch up in the AI race. Manufacturing: Thyssenkrupp nucera plans to establish a European electrolyser-cell assembly hub in Portugal, adding clean-energy manufacturing capacity. Rug maker Ferreira de Sá is opening its Portuguese production to US designers, while poultry group Lusiaves has acquired Padesa in a move that consolidates the Iberian sector. Critical Materials: Savannah Resources is nearing a second offtake deal for its Portuguese lithium project, as Barroso’s mining plans draw renewed attention. Defence and Marine Technology: Portugal is reconsidering the F-35 as it weighs options to replace its F-16 fleet, while NATO’s REPMUS exercise in Portugal put uncrewed maritime systems through their paces. Energy: An international arbitration ruling found Venture Global delayed LNG deliveries to Galp, with potential implications for the Portuguese energy company’s supply arrangements.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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