Palminveste buys Hotéis Real for €300 million
Portugal’s Real hotels group has been bought by a Portuguese entrepreneur for €300 million. The former COO of Yahoo and current independent board director of bank Santander, entrepreneur Henrique [...]
Portugal’s Real hotels group has been bought by a Portuguese entrepreneur for €300 million. The former COO of Yahoo and current independent board director of bank Santander, entrepreneur Henrique [...]
Moody’s has cut its growth forecasts for GDP for all of the G20 countries for 2020 and 2021 due to the global economic paralysis caused by the Covid-19 pandemic. In a research bulletin published [...]
Up to 30% of Portugal’s mainly small and medium size companies will face extreme difficulties in surviving the shutdown of the economy and expected recession according to the President of [...]
The José de Mello Group and Arcus have sold an 81.1% share in Portuguese motorways concessionaire company Brisa. The buyers are a consortium of funds comprising Dutch, Swiss and South Korean [...]
Venture capitalist Tim Vieira, CEO of Special Edition (Africa) and Bravegeneration (Europe) is a well-known TV personality who appeared on the first series of Shark Tank Portugal tells members of [...]
Vulture funds are waiting for opportunities in the real estate, tourism and catering market in the wake of an expected major recession affecting Portugal along with the rest of Europe. These [...]
The commercial war between Brazilian aircraft manufacturer Embraer and US manufacturer Boeing could pose a threat to aircraft component factories in Évora. The war broke out because of the [...]
The owner of Douro Azul, Mário Ferreira is to buy a 30.22% stake in the media giant Media Capital which owns TV station TVI and a clutch of radio stations. The announcement was made by Media [...]
Standard & Poor’s has reviewed downward the outlook for Portugal’s long-term ability to service debt over fears that the borrowing costs on the international markets needed to finance the [...]
There is no doubt that the Covid-19 pandemic has changed the ballpark for nearly every business sector, not least private education. Essential Business talks to Miguel Santos, Board President of [...]