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Latest Economy news from Madeira and Funchal.
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Maximum retail fuel prices in the Autonomous Region of Madeira take effect at midnight on 3 October 2026. Unleaded 95 petrol will cost €2.021 per litre and road diesel €2.120.
Young farmers can now meet certain eligibility criteria based on the 48 months before applying, instead of the previously stipulated 24 months. The change aims to include applicants who began the establishment process earlier.
Madeira has changed the rules of Funcionamento 2030, introducing new rates and limits for operating and transport costs. The scheme also allows support to be calculated using simplified costs and extends eligibility to specific transport activities.
Ordinance No. 544/2026 makes a second amendment to the support scheme for PEPAC intervention F.1.7 in Madeira. The changes clarify eligibility criteria and correct rules on payment claims, while repealing the ordinance that introduced the first amendment.
MLE - MADEIRA LEISURE ENTERTAINMENT, RESTAURAÇÃO E ANIMAÇÃO, LDA. has been definitively awarded the lease of an urban property in Camacha. The decision concludes Public Auction No. 2/IVBAM/2026.
The Regional Government has authorised a €250 cash prize for Rosita de Jesus Canada, a participant in the 68th Porto Moniz Agricultural Fair, held in 2025.
From 00:00 on 28 September, the maximum price of unleaded 95 petrol will be €2.029 per litre. Road diesel will cost €2.148 and coloured and marked diesel €1.700 per litre.
The firm Oliveira, Branco & Associados, SROC, Lda. has been appointed as the sole auditor of the IDE, IP-RAM for the 2026-2029 triennium.
The Government Council approved tax benefit contracts for Anjos Otimistas and Secret Hemisphere Alojamentos, totaling 791,778.50 euros in Corporate Income Tax credits.
The Regional Secretariat for Economy and Finance has approved the new maximum retail prices for gasoline and diesel, effective September 21.
The Regional Government has approved a new exceptional support framework to compensate for rising fuel prices, aimed at sectors such as public transport, firefighters, charities, and bakery companies on Porto Santo.
Marina da Baía do Funchal, S.A. has applied to APRAM for a 10-year private use license for Hangar C4, with a monthly fee of 300 euros plus VAT.