GR allocates 450 thousand euros for the modernization of the Porto Santo Congress CentrePhoto by Lukasz Radziejewski on Pexels
BusinessMadeira

GR allocates 450 thousand euros for the modernization of the Porto Santo Congress Centre

Funchal Notícias27 August 2026 at 17:13

The Madeira Government Council approved a program-contract of 450 thousand euros for the rehabilitation and modernization of the Porto Santo Cultural and Congress Center. The financing will be provided by the Region, through the Regional Secretariat for Equipment and Infrastructures, in partnership with the Porto Santo Development Society, under the PIDDAR Project.

Related articles

Business

Illegal market: beverage counterfeiting and irregular advertisements challenge enforcement, say specialists

Specialists gathered at the "Illegal Market" seminar in Brasília emphasized that combating the counterfeiting and adulteration of products requires integration between industry, digital platforms, regulatory agencies, and law enforcement agencies. The president of the Brazilian Association of Distilled Beverages (ABBD), José Eduardo Cidade, revealed that 28% of the volume of distilled spirits sold in the country comes from the illegal market, with approximately 4.7% corresponding to counterfeit products, warning that reducing the problem solely to counterfeiting is a misreading of the sector.

extra27/08/26, 18:23
Business

Rock in Rio: tourists from outside the state dominate almost 50% of the expected audience

This year's Rock in Rio is expected to generate around R$3.3 billion in the Rio economy and attract 700,000 people to the City of Rock, in Barra da Tijuca. The festival begins next Friday, September 4th, with performances by Foo Fighters, Rise Against and The Hives, continuing in the following days with Avenged Sevenfold, Calvin Harris, Black Eyed Peas, Elton John, Stray Kids, Maroon 5 and Demi Lovato, in addition to Twenty One Pilots. According to the event's director of institutional relations, Gustavo Mostof, almost half of the audience comes from outside the state of Rio, mainly from São Paulo, Minas Gerais and Paraná. The city's hotel network is at almost 90% occupancy, highlighting the festival's tourist impact, which will span two weekends of events, including the September 7th holiday.

cbn27/08/26, 18:20
Business

Jury proposes exclusion of consortium led by Mota-Engil

A jury recommended the exclusion of a consortium led by Mota-Engil from a tendering procedure, with the price factor weighing 80% in the decision. This exclusion recommendation comes as a result of the evaluation of the submitted proposals.

Now27/08/26, 18:12
Business

Interest rates expected to rise. Installments grow by up to 70 euros this month already

Just days away from the ECB meeting, an influential member of the monetary authority signaled to markets that inflation risks require another interest rate hike. Loan repayments could increase by up to 70 euros this month alone, with the Euribor standing above 3%.

Observador27/08/26, 18:06