AGP Executive Report
Last update: 42 minutes agoTAP Privatisation: Portugal has selected Lufthansa to buy up to 49.9% of the airline for as much as €1.201 billion, while the state retains a majority stake. TAP’s main union says workers must not be left to rescue the carrier again and flags concerns over maintenance and engineering operations. Renewable Hydrogen: Siemens will digitalise Galp’s planned 100MW renewable hydrogen facility, supporting a major step in Portugal’s clean-energy ambitions. Critical Minerals: The EU has designated the Borralha tungsten project a Strategic Project—the only tungsten extraction project in its latest 46-project round—opening access to faster permitting and potential financing. Digital Infrastructure: An EU-backed joint venture involving Orange, Equitix and MDM will build the 3,125km Pisces subsea cable, linking Ireland with France, Spain and Portugal, including Carcavelos. Transport: Construction is under way on Portugal’s first high-speed rail line, connecting Lisbon and Porto.
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