Transitex opens rail link between Elvas and the Port of Huelva
Portugal’s fresh produce exports up 10% in first quarter
According to data published by Portugal Fresh (Association for the Promotion of Fruits, Vegetables and Flowers), Portuguese fresh produce exports climbed 10% during the first three months of 2020 to €398 million. However, these figures disguise a mixed picture. While fruit exports were up 18.3% to €165 million, vegetable exports slipped 1.1% to €82 million. Meanwhile, shipments abroad of processed fruit and vegetables climbed 6.3% to €114 million. The European Union is the main market for Portugal’s fresh produce, absorbing 77% of total exports.
Veracruz Launches a mega almond plantation in Portugal, a €50 million investment
Chinese market opens to Portuguese grapes
Following China’s president Xi Jinping’s trip to Portugal in December 2018, several bilateral agreements have been sealed, including a protocol allowing Portugal to export table grapes to China. Portugal has also agreed to join China’s “One Belt, one Road” initiative, which could have significant implications on the flow of agriculture trade between the EU and China. The Portuguese port of Sines will be part of this initiative to promote the connection between Europe and Asia in sectors such as transport, energy and trade.
Pegasus Agriculture: the future of hydroponics
Pegasus Agriculture is one of the leading owners and operators of hydroponic farming facilities in the Middle East and North Africa (MENA). Its office is strategically located in Dubai, U.A.E., and serves as the headquarters for its global growing and distribution network.
“With over 150 years of combined market experience, Pegasus Agriculture continues to lead the MENA region in its goal to contribute to its independent food security,” said Mahmood Almas, chairman of the group.
SPAR Portugal hits 100-store mark
Within a decade of opening its first store, SPAR Portugal has reached the 100-store milestone, helping the feat along by opened four stores in one day in April this year.
And Spar says it has ongoing plans for expansion in the country, with warehouse expansion currently in progress to support it.
In a press release, SPAR Portugal said its goal is to develop a network of SPAR supermarkets throughout Portugal's mainland and islands.