All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Companies absorb 40% of the bazooka. Petrogal, Cimpor and Bondalti lead
Business
Инвестиции

Companies absorb 40% of the bazooka. Petrogal, Cimpor and Bondalti lead

Jornal de Negócios31 August 2026 at 09:00

The Portuguese companies absorbed about 40% of the funds from the Recovery and Resilience Plan (PRR), the European financing program nicknamed the "bazooka." By the end of August, almost 9 billion euros had been approved for the business sector.

The list of most supported companies is led by Petrogal, belonging to the Galp group. This energy company ranks first among the main beneficiaries of these European funds.

In addition to Petrogal, the group of most supported companies includes other companies from the energy, cement and retail sectors. These strategic sectors have been the main recipients of investments supported by the PRR.

The PRR was created to support Portugal's economic recovery after the covid-19 pandemic, channeling European funds to investment projects in various areas of the national economy.

Related articles

Madagascar inicia investigação de salvaguardas sobre etiquetas autoadesivas, embalagens e outros itens impressosPhoto by micka randrianjafisolo on Pexels
Business

Madagascar initiates safeguards investigation on self-adhesive labels, packaging and other printed items

Madagascar initiated, on August 13, 2026, a safeguards investigation on imports of self-adhesive labels, packaging and other printed items on paper, cardboard, plastics, textiles or similar materials, notifying the WTO Safeguards Committee on August 28. The decision responds to the significant increase in imports of these products, which could negatively affect the local industry. The investigation aims to assess the impact on the domestic economy and determine the need for protective measures. The government expressed concern about the sustainability of related industrial sectors and highlighted that the initiative follows WTO norms, ensuring transparency and dialogue with local manufacturers and importers throughout the process.

Notícias Portugal31/08/26, 09:56
Apicultores da Madeira devem declarar existências até 30 de Setembro
Business

Madeira Beekeepers Must Declare Stocks by September 30

Beekeepers with registered activity in the Autonomous Region of Madeira must proceed with the Annual Stock Declaration between September 1 and 30, 2026, according to information from the Regional Secretariat for Agriculture and Fisheries. The declaration can be made in person at the Division of Experimentation and Agronomic Improvement, in São Martinho, or by telephone through the number 291 145 458.

dnoticias.pt31/08/26, 09:54
O que é o 'maior acordo petrolífero da história' anunciado por EUA e Venezuela — e por que ele é tão controversoPhoto by Artūras Kokorevas on Pexels
Business

What is the 'largest oil agreement in history' announced by the US and Venezuela — and why it is so controversial

The agreement announced by US President Donald Trump and Venezuela's Vice President Delcy Rodríguez grants the United States access to Venezuelan oil fields with estimated reserves of 65 billion barrels, being considered the largest oil agreement in history. The agreement is controversial due to existing international sanctions against Venezuela, national sovereignty issues over natural resources, and criticism that the Maduro government would be yielding control of its strategic assets to foreigners in exchange for sanctions relief. The agreement also raises debates about the real benefits for the Venezuelan population and concerns that it may weaken the country's position in future international negotiations.

BBC News Brasil31/08/26, 09:53
VÍDEO: VALPAÇOS COLOCA A CASTANHA NO CENTRO DA DISCUSSÃO EUROPEIAPhoto by Mahrukh Rehman on Pexels
Business

VIDEO: VALPAÇOS PUTS CHESTNUT AT THE CENTER OF EUROPEAN DISCUSSION

The municipality of Valpaços, in Trás-os-Montes, hosts from September 9 to 12 the EuroCastanea 2026, a European meeting that brings together about 400 participants from nine countries to discuss the present and future of the chestnut sector. The event, held in Carrazedo de Montenegro, brings together producers, specialists and companies to discuss the challenges and opportunities of a sector with strong economic and territorial importance in the region.

Canal N – Notícias – Trás-os-Montes e Alto Douro31/08/26, 09:43