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    Archives

    Monthly Archive for: "Maio, 2022"
     Can Angola survive energy transition?
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    By Fernando Caetano
    In Angola, In Focus, News
    Posted 30 Maio, 2022

    Can Angola survive energy transition?

    According to the African Development Bank’s economic outlook report, Angola’s oil driven economy has been in recession since 2016, leading to an increase in its debt-to.GDP ratio from 57.1% in [...]

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     Competition Authority president  tipped for CMVM
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    By Fernando Caetano
    In News, Regulators and Supervisors
    Posted 30 Maio, 2022

    Competition Authority president tipped for CMVM

    The President of Portugal’s competition authority AdC is tipped to head the stock market regulator CMVM. Margaret Matos Rosa could replace the current head of the CMVM, Gabriel Bernardino after [...]

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     Novobanco has 100 offers for HQ
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    By Fernando Caetano
    In Banks, Companies, News
    Posted 30 Maio, 2022

    Novobanco has 100 offers for HQ

    Portugal’s Novobanco has received no less than 100 offers for its prime site headquarters on Lisbon’s most expensive avenue. The bank, which is mostly owned by the US equity fund Lone Star, and [...]

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     Ministry of Culture terminates Berardo contract
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    By Fernando Caetano
    In Companies, News
    Posted 30 Maio, 2022

    Ministry of Culture terminates Berardo contract

    Portugal’s Ministry of Culture is to end a protocol between the government and the Berardo Foundation which will come into effect in January 2023. The protocol with multi-millionaire entrepreneur [...]

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     Navigator distributes €11 million in bonuses
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    By Fernando Caetano
    In Companies, News
    Posted 30 Maio, 2022

    Navigator distributes €11 million in bonuses

    The Navigator Group has distributed €11 million in bonuses to its 3,200 staff. The decision was made after the company announced that it had made €50.6 million in profits in the first quarter of [...]

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     Semapa profits up 65% in Q1 to €42M
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    By Fernando Caetano
    In Companies, News
    Posted 30 Maio, 2022

    Semapa profits up 65% in Q1 to €42M

    The Portuguese industrial conglomerate Semapa saw profits grow 65.3% in the first quarter of 2022 to €42 million largely on the back of an increase in paper prices in Europe. The group, led by [...]

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     Is TAP being prepared for privatisation?
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    By Fernando Caetano
    In News, TAP, Tourism
    Posted 27 Maio, 2022

    Is TAP being prepared for privatisation?

    The Portuguese Government, through its tourism bureau Turismo de Portugal, appears to have backtracked on statements said to have been made by its president that Portugal’s northern region should [...]

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     Vista Alegre cuts losses in Q1
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    By Fernando Caetano
    In Companies, News
    Posted 27 Maio, 2022

    Vista Alegre cuts losses in Q1

    The Portuguese fine bone china and crystal glass company Vista Alegre has reduced its losses in Q1 to €300,000. The company registered a business turnover of €30.3 million, up 59.6% like-for-like [...]

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     Bright Pixel doubles investment
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    By Fernando Caetano
    In News, Venture Capital
    Posted 27 Maio, 2022

    Bright Pixel doubles investment

    Sonae is to pump €300 million into its technology investment venture capital subsidiary in an investment that will double the amount it has already invested since 2016. Bright Pixel Capital, [...]

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     Efacec posts losses of €21.5 million for Q1
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    By Fernando Caetano
    In Companies, News
    Posted 27 Maio, 2022

    Efacec posts losses of €21.5 million for Q1

    Efacec posted a consolidated loss of €183.9 million, an operational loss of almost €40 million, and a net debt of €193 million for 2021. However, the figures for the first quarter of 2022 seem to [...]

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