Just before midnight on December 31, 2021, the European Commission published a proposal that paved the way to investments in gas and nuclear energy being considered ‘environmentally sustainable’. [...]
The Portuguese wood pulp and paper manufacturer Navigator could post record profits because of the high price of paper according to CaixaBank. The Spanish analysts point out a spike in the [...]
The Portuguese hotel group Vila Galé is to create 4 new hotels in an investment of €35 million. The hotel group will create a new hotel aimed at families with young children in Beja, a 4-star [...]
Seventy-five per cent of electrical and transport systems company Efacec is to be sold to DST after all on the back of its privatisation process underway with an agreement finally reached with [...]
NTT Data is to create two technology hubs in Porto The move follows the company’s creation of three data hubs in Braga, Castelo Branco and Coimbra that are all already up and running. Both of the [...]
Energy prices look set to soar in oil and gas dependant Portugal after Russia attacked parts of the Ukraine over night on Thursday. The invasion, which had chilling echoes of Hitler’s 1938 [...]
A former governor of the Bank of Portugal, Vítor Constâncio, has warned that sanctions against Russia will “greatly affect” European economies and plunge the continent into recession. “Will Putin [...]
The Portuguese government has said there will be no more taxpayer handouts to Novobanco which was created after the Banco Espírito Santo empire collapsed in 2014. According to ECO online, the [...]
The Portuguese economy has registered an external trade surplus of €1.4Bn for 2021, which corresponds to 0.7% of GDP, an increase of €1.3Bn on 2020. According to the Bank of Portugal, current [...]
Spanish energy company Endesa, which operates in Portugal, saw its profits fall 11% in 2021 to €1.9Bn. Some 80% of this profit will be paid out to shareholders it was announced on Tuesday. [...]
