Economy
Latest Economy news from Madeira and Funchal. · 126 results
MPE Authorized to Sell Plot in Porto Santo Business Park
Madeira Parques Empresariais, S.A. has been authorized to sell Plot No. 17 of Subdivision III in the Porto Santo Business Park, with a book value exceeding 31 thousand euros.
Approved PAC Social regulation to support IPSS with fuel costs
The regulation for the Extraordinary Fuel Support Program (PAC Social) has been published, granting financial compensation to IPSS for additional diesel and gasoline costs.
Madeira Government Sets New Maximum Fuel Prices
Joint Order No. 64/2026 establishes new maximum retail prices for gasoline and diesel, effective July 27.
Government approves 10 cents per liter diesel support for Madeira fishing vessel owners
Ordinance No. 360/2026 establishes the rules for granting an extraordinary support of 10 cents per liter of colored and marked diesel to professional fishermen, to compensate for the increase in fuel prices.
International Tender for New Casino do Funchal Concession
The Regional Government has decided to launch an international tender, limited by pre-qualification, to award the new concession for operating games at Casino do Funchal.
Funding Deadline for Dilectus Assisted Living Residences Extended Until November
The Regional Government authorized a third amendment to the funding contract with Dilectus - Residências Assistidas, S.A., extending the contractual ceiling to allow for the financial closure of the project.
Madeira Government Approves New Maximum Fuel Prices
Joint Order No. 60/2026 establishes new maximum retail prices for gasoline and diesel, effective from July 20, 2026.
Correction of Prize Amounts for Porto Moniz Agricultural Fair
A rectification statement has been published to correct the value of participation prizes to be paid to producers at the 69th Porto Moniz Agricultural Fair.
Regulation Changed for Business Energy Efficiency Incentive System
Ordinance No. 309/2026 introduces the first amendment to the 'Energy Efficiency 2030' system regulation, adjusting support rates and the overall financial allocation.
Adjusted funding for Madeira business capitalization instruments
Order No. 310/2026 changes the amount and budgetary phasing of the business capitalization project under the Recovery and Resilience Plan, reducing the overall financial burden.
Government awards financial support to four rural sector associations
The Autonomous Region of Madeira will sign program-contracts with four rural and associative entities, with total support amounting to 52,130.46 euros.
Proposal Approved for Creation of 'Atlântida' Maritime-Port Technological Hub
The Regional Government approved the final report defining the governance model and action axes for the future Maritime-Port Technological Hub of Madeira.