The Minister of Environment and Energy stated that the government is considering focusing the state's stake in Galp exclusively on its industrial and refining branch in Sines. This potential move follows Galp's interest in separating its commercial and industrial activities, and is being discussed as part of broader energy sovereignty considerations.
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The Danish footwear manufacturer Ecco announced the total and definitive closure of its factory in São João de Ver, Santa Maria da Feira, affecting 632 workers. The closure is part of a global restructuring and is expected to be concluded by the end of the first quarter of 2027. Both the PS and PCP parties have formally questioned the government on potential measures to mitigate the economic and social impact, including the possibility of finding new investors.
The company announced 3,460 job cuts worldwide, citing the crisis in the automotive sector. It has not yet disclosed whether its production facility in Caldas da Rainha will be affected or face closure.
The government is allocating 100 million euros from the Modernization Fund to support gas-dependent industries, specifically targeting the ceramics and glass sectors. Additionally, indirect carbon cost compensation for electro-intensive industries will increase to 80 million euros this year and 100 million euros in 2027.