Cristiano Ronaldo invests €10 million in new Portuguese business

Cristiano Ronaldo will invest €10 million in a new bottled mineral water brand in Portugal, expanding his business interests in his home country.

The 41-year-old Al Nassr and Portugal forward is partnering with Grupo Outeirinho on the project. Construction has already begun on a production facility in Gostei, in the Bragança district.

The total investment is expected to reach around €20 million, with Ronaldo and Grupo Outeirinho each contributing €10 million. The company is one of the leading players in the sector and, according to the information provided, controls about 45% of Portugal’s water market.

This isn’t Ronaldo’s first venture in the industry. The five-time Ballon d’Or winner previously launched the Ursu9 mineral water brand in Spain and now plans to develop a similar project in Portugal.

Grupo Outeirinho said the investment will also benefit the local economy, with new jobs to be created gradually.

Construction of the plant is expected to be completed by the end of 2027, when the new brand is due to begin entering the Portuguese and international markets.