All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Purever enters India with 20 million factory in joint-venture with ManaksiaPhoto by TonW on Pexels
Business
Investments
Lisboa

Purever enters India with 20 million factory in joint-venture with Manaksia

Jornal Económico14 September 2026 at 13:30

Purever, a Portuguese company based in Lisbon, will enter the Indian market through a joint-venture with the Indian company Manaksia Coated Metals & Industries. The planned investment for the first phase is approximately 20 million euros, destined for the construction of an industrial unit in Hyderabad. The new company will be equally owned by the two groups.

The factory will produce cleanroom solutions and technology market products, destined for sectors such as semiconductors, pharmaceuticals, automotive and data centers, with opening expected in 2027. Manaksia was chosen as the local partner precisely to meet the number of pharmaceutical and technology companies that are establishing facilities in India.

Founded 25 years ago, Purever operates with the brands Ardmac, Dagard, Coldkit and Misa, and has factories in Portugal, Spain, Italy, France and the United States. In Portugal, it owns a facility in Nelas, Viseu, and employs more than 1,500 people.

The company also revealed results for the first half of 2026, with sales of 245 million euros, a growth of 24% year-on-year. For the full year, it forecasts revenue of 490 million euros. The growth was driven by data center construction in Austria, Ireland and Finland, automotive electrification projects for Jaguar Land Rover and Nissan in the United Kingdom, and pharmaceutical projects for companies such as Novo Nordisk, AstraZeneca, Eli Lilly, Hovione, Labesfal, Bluepharma and Grifols.

Why this matters

This joint-venture represents the Portuguese company Purever's expansion into the Asian market, creating a new growth front in a market with strong demand for technological and pharmaceutical solutions. Readers in Portugal are affected as suppliers and partners of Purever, since the company's growth depends on projects for clients such as Hovione, Labesfal and Bluepharma in Portugal, as well as multinationals like Novo Nordisk and AstraZeneca.

About this summary

This is our short summary of a report published by Jornal Económico on 14 September 2026 at 13:30; the full text stays with the publisher. In our feed it sits under Business, and it concerns Lisboa. We currently carry 22562 items in that section.

All items in this section →
Source

Related articles

Business

Lince Hotels Group refurbishes Hotel Turismo da Guarda

The Lince Hotels Group will refurbish Hotel Turismo da Guarda, which had been closed since October 2010, through a lease agreement signed with Turismo de Portugal. The project aims to rehabilitate this historic hotel in the city of Guarda, bringing investment to the region and contributing to the revitalization of the local tourism sector.

Notícias de Coimbra14/09/26, 15:09
Business

Government prepares new support for sectors affected by rising fuel prices

The Portuguese Government is preparing new support for the economic sectors most affected by the increase in fuel prices. The Minister of Environment and Energy, Maria da Graça Carvalho, announced this information, but referred any decision on a possible reduction of fuel VAT to the prime minister, indicating that this issue will be dealt with at the highest level of the Executive.

Diário de Coimbra14/09/26, 15:00
Business

Harvest with a "special flavor" after certification of Talha wine from Cabeção

The wines produced in Cabeção, in the Portalegre district, have finally obtained certification to use the designation "Talha Wine" on their labels, marking a historic moment for local producers. This achievement represents the valorization of a centuries-old tradition of wine production in clay amphorae, rooted in the identity of the Village of Cabeção. Local producers now face the harvest season with renewed satisfaction, celebrating the official recognition of a practice that distinguishes their wines.

RTP Notícias14/09/26, 14:40
Business

Minister of Environment and Energy says fuel price cap is an "exceptional and last resort" measure

The Minister of Environment and Energy, Maria da Graça Carvalho, announced that the Government is preparing new support for freight transport, firefighters, the social sector and taxis to compensate for the impact of rising fuel prices. When questioned about a fuel price cap, the minister considered this measure "exceptional and last resort" as it could disrupt market functioning. The Executive has already allocated around one billion euros through the ISP and estimates it will reach 1.3 billion by the end of the year. The minister attributed the rise in diesel to a shortage of worldwide refining capacity, pointing to conflicts in the Gulf and between Ukraine and Russia, as well as the closure of refineries in Europe.

Jornal Económico14/09/26, 14:34