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Edition of Tuesday, 3 November 2026English edition
The Geopolitician

Country risk, from the local press

Portugal · Country watch

Intermarché Cyberattack, Schaeffler Job Cuts

Intermarché faces a cyberattack disrupting operations, while Schaeffler's job cuts in Europe leave Portugal's factory unaffected.

The picture Mixed How this is judged →

Business conditions in Portugal are mixed today. Intermarché faces operational disruptions due to a cyberattack, while Schaeffler's job cuts in Europe do not impact its Portuguese factory, maintaining local employment stability.

Flare-up watch: Calm (0.3) · How this is judged → · All Portugal briefings →

In this briefing Infarmed · Intermarché · Schaeffler Group

Regulation

  • Pharma

Infarmed urges reporting of adverse drug reactions

A pharmacy with green signage and a tiled roof on a sunny street
Timur Seyfelmlyukov / Unsplash

Infarmed, Portugal's National Authority of Medicines and Health Products, has called on citizens and healthcare professionals to report suspected adverse drug reactions. This initiative is part of the international #MedSafetyWeek campaign, which involves over 120 countries and aims to enhance drug safety monitoring, Diário de Notícias Madeira reports.

Impact Pharmaceutical companies and healthcare providers in Portugal must ensure compliance with increased vigilance on drug safety reporting.

Sources: Diário de Notícias Madeira (dnoticias.pt) ↗

Disruption

  • Retail

Cyberattack disrupts Intermarché supermarkets in Portugal

A cyberattack hit seven Intermarché supermarkets in Portugal, affecting refrigeration systems and leading to product losses in three stores, IOL reports. The attack disrupted operations, causing significant challenges in maintaining product quality and availability. The affected supermarkets are working to restore normal operations and assess the extent of the damage.

Impact Intermarché faces operational disruptions and product losses, affecting supply chain and inventory management in the impacted stores.

Sources: IOL ↗

Companies

  • Automotive

Schaeffler cuts 3,460 jobs in Europe, Portugal unaffected

Schaeffler, the German automotive components manufacturer, announced the reduction of 3,460 jobs across Europe, primarily in Germany, and the closure of five facilities. However, the company did not mention any impact on its factory in Caldas da Rainha, Portugal, which employs around 500 people, according to Expresso and Jornal de Negocios.

Impact Schaeffler's job cuts affect European operations, but its Portuguese factory remains unaffected, securing local employment.

Sources: RTP ↗, Expresso ↗, Jornal de Negocios ↗

Nothing significant reported today in Internal tension · Safety & health · Markets · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

All Portugal briefings →

The same day elsewhere