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        Archives

        Monthly Archive for: "Novembro, 2022"
         Offers for Herdade do Pinheirinho
        0
        By Christopher Graeme
        In Funds, News, Real Estate
        Posted 28 Novembro, 2022

        Offers for Herdade do Pinheirinho

        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, [...]

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         Brussels approves €175M State support
        0
        By Christopher Graeme
        In Companies, Energy, News
        Posted 28 Novembro, 2022

        Brussels approves €175M State support

        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 [...]

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         Moody’s in deficit warning to Portugal
        0
        By Christopher Graeme
        In News, Public debt, Ratings agencies
        Posted 25 Novembro, 2022

        Moody’s in deficit warning to Portugal

        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 [...]

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         Demand for new build falls 45.1%
        0
        By Christopher Graeme
        In Housing, News, Property, Real Estate
        Posted 25 Novembro, 2022

        Demand for new build falls 45.1%

        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 [...]

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         Altri profits up 30% to €117 million
        0
        By Christopher Graeme
        In Companies, News, Paper and Paper Pulp
        Posted 25 Novembro, 2022

        Altri profits up 30% to €117 million

        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 [...]

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         12% of all homes bought by foreigners
        0
        By Christopher Graeme
        In House prices, News, Property
        Posted 25 Novembro, 2022

        12% of all homes bought by foreigners

        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 [...]

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         Companies vulnerable in 2023
        0
        By Christopher Graeme
        In Companies, Economy, News
        Posted 25 Novembro, 2022

        Companies vulnerable in 2023

        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 [...]

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         Bank mergers inevitable in Portugal says Finance Minister
        0
        By Christopher Graeme
        In Bank of Portugal, Banks, News
        Posted 25 Novembro, 2022

        Bank mergers inevitable in Portugal says Finance Minister

        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 [...]

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         Pleez nets €2M investment
        0
        By Christopher Graeme
        In News, Start-Up, Venture Capital
        Posted 23 Novembro, 2022

        Pleez nets €2M investment

        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 [...]

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         Portugal to escape recession in 2023
        0
        By Christopher Graeme
        In Economy, News, Recession
        Posted 23 Novembro, 2022

        Portugal to escape recession in 2023

        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% [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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