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        Author Archive for: "[email protected]"
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        By Christopher Graeme
        In Companies, News
        Posted 9 Outubro, 2024

        Science4you opens office in US

        The Portuguese educational toys company Science4you has opened an office in Los Angeles, in the United States, a market where it already has toys on sale at the e-commerce giant Amazon. After [...]

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        0
        By Christopher Graeme
        In News, Opinion, State Budget
        Posted 9 Outubro, 2024

        Ex-Finance minister says “no drama” for the country if budget not approved

        A former Portuguese Finances minister says that while it would be better if agreement between the governing PSD party and opposition can be reached over the State Budget 2024, it’s not a big [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Banks, Capital contingency, News
        Posted 9 Outubro, 2024

        Governor of Bank of Portugal demands €1Bn buffer from banks

        From January 2026 Portugal’s banks will have to collectively set aside an extra €1Bn in reserves to meet current regulatory conditions. The decision, the banks say, could hamper their ability to [...]

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        0
        By Christopher Graeme
        In Events, Investment, News
        Posted 7 Outubro, 2024

        VNTR Global Investor Summit to be held in Lisbon

        The VNTR Global Investor Summit, the leading investor summit for qualified investment decision makers, will be held this year in Lisbon on November 13. VNTR Summit Lisbon is a premier gathering [...]

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        0
        By Christopher Graeme
        In News, Public Spending, Ratings agencies, State Budget
        Posted 7 Outubro, 2024

        Fitch and DBRS praise Portugal’s public spending discipline

        Improved public accounts in the last few years have put Portugal in a comfortable position despite political instability, say leading financial ratings agencies. Both Fitch and DBRS have [...]

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        0
        By Christopher Graeme
        In News, Tax, Unions
        Posted 7 Outubro, 2024

        Industry bosses perplexed by stalemate over State Budget 2025

        The President of the Portuguese Industrial Federation (CIP) Armindo Monteiro says he is “perplexed” with the “political choreography” displayed by the governing PSD party and opposition PS party [...]

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        0
        By Christopher Graeme
        In Greenvolt, IPO, News, Renewables
        Posted 7 Outubro, 2024

        Greenvolt increases syndicated loan by €50 million

        Portuguese renewables company Greenvolt has increased a syndicated loan to finance the company in preparation for an Initial Public Offer (IPO) from €350 million to €400 million euros. The [...]

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        0
        By Christopher Graeme
        In Acquisitions, News, Sonae
        Posted 7 Outubro, 2024

        Sonae’s Musti acquires PetCity

        Musti, a pet products company owned by Sonae, which operates in the Nordic countries, has acquired PetCity, a counterpart in the Baltic states. The acquisition was announced this Monday and marks [...]

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        0
        By Christopher Graeme
        In Aviation, News, TAP
        Posted 7 Outubro, 2024

        TAP’s revenue prospects strangled by congestion at Lisbon airport

        The US ratings agency Standards & Poor says that TAP’s reduced fleet and congestion at the airline’s hub at Lisbon’s Humberto Delgado airport is limiting the company’s growth and revenue [...]

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        0
        By Christopher Graeme
        In News, Resorts, Tourism, Vineyards, Visitor Attractions and Theme Parks, Wine
        Posted 6 Outubro, 2024

        The new Ribatejo resort that is an ode to winemaking

        Australian property entrepreneurs David Clarkin and Andrew Homan are creating a sustainable luxury wine resort in Cartaxo near Santarém. ODE Winery Farm & Living will offer the perfect wine [...]

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