Alantra has received non-binding offers for the purchase of assets that VIC Properties has put up for sale. According to Jornal Económico the funds Cerberus and Oaktree have studied the proposal, [...]
The European Commission has approved Portugal’s extraordinary state support package regime worth €175 million to help companies that are energy intensive to meet their electricity bills. The [...]
The ratings agency Moody’s has warned Portugal that it will fail to meet its deficit target if it extends financial support to companies beyond the first quarter of next year. It is says that it [...]
The demand for new construction in Portugal registered a fall of 45.1% in November on the same period in 2021. It was a negative trend that extended to all other parts of the Portuguese real [...]
Altri brought in €117.4 million in net profits for the first nine months of the year, 30% more than for the same period last year. The company enjoyed revenues of €805.9 million, up 37.7% on the [...]
The Portuguese real estate market continues to be dominated by national buyers, but overseas purchasers now represent 12% of all sales. According to statistics published by the Bank of Portugal [...]
Around 25% of all Portuguese companies will be in a vulnerable situation next year because of higher interest rates on loans. Both the pandemic and fallout from the war in Ukraine have left many [...]
The governor of the Bank of Portugal, Mário Centeno, says consolidation in Portugal’s banking sector is “inevitable”. In an interview with Reuters, Mário Centeno said that the recent progress [...]
The Portuguese startup Pleez which provides technology solutions for delivery platforms such as Glovo and Uber Eats, has attracted a €2 million investment led by Lince Capital. The capital that [...]
Portugal will escape the recession that will affect most of the Euro Zone in 2023 according to economists at Credit Suisse. The country will grow 0.8%, an amount that contrasts with the 0.2% [...]