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    Archives

    Monthly Archive for: "Maio, 2021"
     TAP registers losses of €356M for Q1
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    By Fernando Caetano
    In Aviation, News, TAP
    Posted 31 Maio, 2021

    TAP registers losses of €356M for Q1

    TAP recorded losses of €365 million for the first three months of the year because of the Europe-wide lockdown. €109.8 million of the net loss result had to do with net exchange differences. [...]

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     Xiaomi expands in Portugal
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    By Fernando Caetano
    In Companies, News, Technology, Telecoms
    Posted 31 Maio, 2021

    Xiaomi expands in Portugal

    Chinese smartphone manufacturer Xiaomi grew 268% in Portugal in the first quarter of 2021 to become the second most popular Chinese mobile phone brand in the country after Samsung. The [...]

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     Portuguese unicorns have 800 vacancies to fill
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    By Fernando Caetano
    In Employment, News, Unicorns
    Posted 31 Maio, 2021

    Portuguese unicorns have 800 vacancies to fill

    The four Portuguese unicorns Farfetch, OutSystems, Talkdesk and Feedzai have over 800 job vacancies to fill. Although some have recruitment and selection processes that are more ambitious than [...]

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     Five-star hotel bookings soar from influx of English
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    By Fernando Caetano
    In Hotel, News, Resorts, Tourism
    Posted 31 Maio, 2021

    Five-star hotel bookings soar from influx of En...

    Hotel groups with units in the Algarve have seen bookings shoot up for the summer months of July and August. Those chains that are benefiting most from bookings for the peak summer months of July [...]

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     Portugal’s Impresa group in technical bankruptcy
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    By Fernando Caetano
    In Companies, Media, News
    Posted 31 Maio, 2021

    Portugal’s Impresa group in technical ban...

    Portugal’s media group Impresa has announced a new €30 million bond issue in order to redeem its previous bond issue. It means that the TV and media group which detains TV channel SIC and weekend [...]

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     Recovery Tsar calls on a ‘New State’ with grass roots reorganisation
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    By Fernando Caetano
    In Digital economy, Economy, In Focus, News
    Posted 28 Maio, 2021

    Recovery Tsar calls on a ‘New State’ with grass...

    The man who has been appointed by the Portuguese government to coordinate the most significant restructuring, reinvestment and radical change in Portugal’s contemporary history says the country [...]

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     Lazard charged with PT sale?
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    By Fernando Caetano
    In Companies, News, Telecoms
    Posted 28 Maio, 2021

    Lazard charged with PT sale?

    Portuguese telecoms company Altice Portugal has reportedly given a mandate to investment bank Lizard to prepare the sale of what had formerly been Portugal Telecom. The company has denied any [...]

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     GreenVolt buys 70% of Profit Energy
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    By Fernando Caetano
    In Companies, Energy, Green economy, News
    Posted 28 Maio, 2021

    GreenVolt buys 70% of Profit Energy

    GreenVolt, the green energy arm of Altri, which is led by former EDP Renováveis CEO João Manso Neto, has completed an agreement to acquire 70% of Profit Energy, a company dedicated to the solar [...]

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     Sonae nets €40 million from Maxmat sale
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    By Fernando Caetano
    In Companies, News
    Posted 28 Maio, 2021

    Sonae nets €40 million from Maxmat sale

    The Portuguese multinational multi-sector company Sonae has reached an agreement to sell its share in Maxmat to road constructor Cimentos Estrada Pedra SGPS, Lda owned by Building Materials [...]

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     Novo Banco gets fresh €429 million bankroll
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    By Fernando Caetano
    In Banks, News, Resolution Fund
    Posted 28 Maio, 2021

    Novo Banco gets fresh €429 million bankroll

    The Resolution Fund which is responsible for injecting cash into Novo Banco to ensure it meets ECB contingent capital levels has been given the green light by the government to ask the banking [...]

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