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    Archives

    Monthly Archive for: "Dezembro, 2021"
     TAP now 100% public
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    By Fernando Caetano
    In Companies, News, TAP
    Posted 31 Dezembro, 2021

    TAP now 100% public

    Portuguese airline TAP is now 100% state owned after the State injected €1.736Bn into the company. The Government made a fresh capital increase in TAP, with an injection of €536 million and a [...]

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     Banco Montepio sells Montepio Valor to Associação Mutualista
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    By Fernando Caetano
    In Asset and Fund Management, Banks, News
    Posted 31 Dezembro, 2021

    Banco Montepio sells Montepio Valor to Associaç...

    Portugal’s mutualist bank Montepio has sold its total capital share in Montepio Valor to the Associação Mutualista Montepio Geral for €3.7 million. The impact on the bank’s accounts and capital [...]

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     PT2020 projects approved up to December 2023
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    By Fernando Caetano
    In Investment, News, Portugal2020
    Posted 31 Dezembro, 2021

    PT2020 projects approved up to December 2023

    Portugal’s Planning minister, Nelson de Souza, said this week that there are no fixed rules limiting projects that can be approved for financing from EU funding – Portugal2020. Speaking on [...]

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     €260M wind turbine investment for Aveiro
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    By Fernando Caetano
    In News, Renewables
    Posted 31 Dezembro, 2021

    €260M wind turbine investment for Aveiro

    The South Korean renewable energy company CS Wind ASM, which specialises in eolic wind turbines is to invest €260 million to 2025 at its factory in Ílhavo where it has a 200 metre private [...]

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     Santander to sell former HQ in Lisbon for €50M
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    By Fernando Caetano
    In Banks, News
    Posted 31 Dezembro, 2021

    Santander to sell former HQ in Lisbon for €50M

    The bank Santander is to sell the former headquarters of the defunct bank Banco Popular in Lisbon to the Spanish group Incus Capital for around €50 million. According to the newspaper Negócios, [...]

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     Cristina Casalinho – Up to her eyes in debt and loving it!
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    By Fernando Caetano
    In Bonds and Gilts, In Focus, News
    Posted 29 Dezembro, 2021

    Cristina Casalinho – Up to her eyes in de...

    The Portuguese Agency of the Treasury and Public Debt Management (IGCP) is not an institution that is in the limelight for most Portuguese, yet it has a vital task is raising around €15Bn a year [...]

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     Portugal’s tourist industry lacks 85,000 staff
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    By Fernando Caetano
    In News, Tourism
    Posted 29 Dezembro, 2021

    Portugal’s tourist industry lacks 85,000 staff

    A World Travel and Tourism Council study into a lack of staff in the sector has revealed that Portugal has a shortfall of 85,000 up and down the country. The WTTC numbers, which represent the [...]

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     Fidelidade sells Saudeinveste fund for €200M
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    By Fernando Caetano
    In Funds, Health and Wellness, News, Real Estate
    Posted 29 Dezembro, 2021

    Fidelidade sells Saudeinveste fund for €200M

    Icade Santé and Icade Healthcare Europe from the French group Icade, has purchased the health fund Saudeinveste from Portuguese insurer Fidelidade for €200 million. Saudeinveste has a portfolio [...]

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     TAP capital injection at €1.7Bn
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    By Fernando Caetano
    In Aviation, News, TAP
    Posted 29 Dezembro, 2021

    TAP capital injection at €1.7Bn

    Portuguese airline TAP is to receive up to €1.7Bn from the government following the EU’s decision to approve a restructuring plan and the emergency loan. In addition to the €536 million that it [...]

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     Altice to net €70M from Cellnex
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    By Fernando Caetano
    In Companies, News, Telecoms
    Posted 29 Dezembro, 2021

    Altice to net €70M from Cellnex

    Altice Portugal is to sell more of its telecommunications antenna towers to Spanish company Cellnex Telecom, Europe’s largest operator of wireless telecommunications infrastructures. The fresh [...]

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