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        Archives

        Monthly Archive for: "Agosto, 2023"
         TAP profits €22.9M in H1
        0
        By Christopher Graeme
        In Airlines, Companies, News, TAP
        Posted 30 Agosto, 2023

        TAP profits €22.9M in H1

        Portuguese airline TAP posted a net profit of €22.9 million in the first half of this year, representing an improvement of 111% or €224 million in relation to the months of January to June 2023 [...]

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         FTX: Investors lose €6.5M
        0
        By Christopher Graeme
        In Cryptocurrencies, Investment, News
        Posted 30 Agosto, 2023

        FTX: Investors lose €6.5M

        Over 100 companies and small investors in Portugal are thought to have lost around €6.5 million as a consequence of the collapse of the crypto platform FTX. Says Negócios, the amounts were [...]

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         Companies Gross Value Added up 7.5%
        0
        By Christopher Graeme
        In Companies, News
        Posted 30 Agosto, 2023

        Companies Gross Value Added up 7.5%

        The Gross Value Added of Portugal’s SMEs will grow 7.5% this year according to forecasts from the European Commission that points to inflation as one of the main reasons behind the growth. [...]

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         Autoeuropa stops production over lack of parts
        0
        By Christopher Graeme
        In Automotive, Companies, News, VW Autoeuropa
        Posted 30 Agosto, 2023

        Autoeuropa stops production over lack of parts

        Portugal’s largest car plant VW Autoeuropa will begin a two-week stoppage from September 1 that could last for an indefinite period because of a lack of parts from a supplier in Slovenia. [...]

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         Altice hits the road to attract investors
        0
        By Christopher Graeme
        In Companies, News, Telecoms
        Posted 30 Agosto, 2023

        Altice hits the road to attract investors

        The CEO of telecoms giant Altice Portugal, Ana Figueiredo, is to join the main shareholder of Altice on a roadshow to meet investors with the aim of restoring confidence after the company’s [...]

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         Banks recover €2.5Bn in deposits
        0
        By Christopher Graeme
        In Banks, News
        Posted 30 Agosto, 2023

        Banks recover €2.5Bn in deposits

        After losing around €6Bn in deposits since the start of the year, much of which was invested in government savings bonds that offered higher rates of interest, Portugal’s banks recovered family [...]

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         Leadership – why the future should be more female
        0
        By Christopher Graeme
        In Leadership, News, Personality
        Posted 29 Agosto, 2023

        Leadership – why the future should be more female

        According to Forbes magazine research shows that companies with more women on their boards outperform those without by a significant margin, and organisations with greater gender diversity among [...]

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         Bidding process for TAP could begin next month
        0
        By Christopher Graeme
        In Aviation, Competition, News, TAP
        Posted 28 Agosto, 2023

        Bidding process for TAP could begin next month

        The three main European airline giants, Lufthansa, IAG and Air France KLM, which have expressed an interest in buying a controlling stake in Portuguese airline TAP, are likely to make a bid in [...]

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         Land Fund looks to raise €500M in 5 years
        0
        By Christopher Graeme
        In Funds, News, Sustainable Development
        Posted 28 Agosto, 2023

        Land Fund looks to raise €500M in 5 years

        The Portuguese Land Fund is looking to attract half a billion euros over the next five years by offering investors a return of around 10% to raise enough funds to buy plots of land. “The goal is [...]

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         Oriente Foundation sells bank for €20M
        0
        By Christopher Graeme
        In Banks, Foundations, News
        Posted 28 Agosto, 2023

        Oriente Foundation sells bank for €20M

        The Oriente Foundation has reached an agreement with the Chinese financial institution Vcredit to sell 100% of Banco Português de Gestão (BPG) for more than €20 million. At present, the two [...]

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