The former Tupperware manufacturing plant in Montalvo has been sold for 4 million euros following a negotiated auction process. The sale proceeds will be used to pay partial severance and salary credits to approximately 192 former employees, with estimates suggesting workers will recover about 40% to 50% of the amounts owed.
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The government has instructed the Climate Agency to define priority areas for the EU Modernization Fund by 31 December, specifically targeting electric vehicle (EV) subsidies for families and small businesses, the decarbonization of heavy goods transport, and reducing natural gas consumption in industry. Minister of Environment and Energy Maria da Graça Carvalho confirmed that the government plans to support the purchase of approximately 20,000 EVs for low-income households with up to 80% funding, as well as providing support for up to 9,000 EVs for micro-enterprises.
The government is proposing an amendment to PRR contracts, removing the clause that requires repayment of funds if projects are not completed on time, provided the contractor commits to finishing the work by 31 December 2027. This initiative aims to maintain financing for projects that are currently behind schedule as part of the ongoing certification and verification process.
Data from the portal idealista for the third quarter of 2026 shows that 21% of properties listed for over €1 million sold within 30 days. The districts of Porto and Faro saw the highest activity, with roughly one in four luxury homes in each selling within that timeframe, while Lisbon followed at 17%.