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        Author Archive for: "[email protected]"
        0
        By Christopher Graeme
        In Football business, News
        Posted 9 Setembro, 2024

        Benfica football club posts €31.4 million in losses

        Portugal’s Benfica Football Club (Benfica SAD) posted a negative net result of €31.36 million euros in 2023/24, according to economic and financial information reported to the Portuguese [...]

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        0
        By Christopher Graeme
        In ESG, Euronext Lisboa, News
        Posted 9 Setembro, 2024

        Euronext launches service to help SMEs

        As part of Euronext Sustainability Week, the company that includes the Lisbon Stock Market Euronext Lisbon, is to launch various initiatives to help SMEs to navigate and apply new sustainability [...]

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        0
        By Christopher Graeme
        In Affordable Housing, Construction, News
        Posted 9 Setembro, 2024

        Construction of new build for the middle class continues on the back burner

        Building affordable homes for the Portuguese middle classes continues to be a back burner project for real estate developers because the government has not created sufficient conditions to make [...]

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        0
        By Christopher Graeme
        In News, Retail, Supermarkets
        Posted 30 Agosto, 2024

        Mercadona – the supermarket where you can pick up more than groceries

        When most people think of supermarkets in Portugal it tends to be one of the big three like Continente (Sonae), Pingo Doce (Jerónimo Martins), or Lidl (Schwarz Group). You would not, probably, [...]

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        0
        By Christopher Graeme
        In News, Novo Banco, Ratings agencies
        Posted 30 Agosto, 2024

        Moody’s improves Novobanco debt rating

        The US ratings agency Moody’s increased the rate of Novobanco’s non-secured senior debt from Ba1 to Baa3 on Thursday with a ‘positive outlook’. It means that bank’s investment prospects are no [...]

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        0
        By Christopher Graeme
        In Companies, Energy, Investment, News, Renewables
        Posted 30 Agosto, 2024

        Germans invest €28 million in solar project

        A group of German investors who purchased a deactivated Alentejo mine in São Domingos, in the district of Mértola, now have a project to build solar, eolic and green hydrogen facilities. La [...]

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        0
        By Christopher Graeme
        In Altice Portugal, News, Telecoms
        Posted 30 Agosto, 2024

        Altice International holds off on Altice Portugal sale

        The Chief Financial Officer of Altice International, Malo Corbin told financial analysts on Thursday that the multinational telecoms company had decided to hold off on selling the jewel in the [...]

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        0
        By Christopher Graeme
        In Hotel, News, Tourism, Travel
        Posted 30 Agosto, 2024

        US tourism boom continues in 2024

        Tourist numbers from the United States continue to rise this year according to Portugal’s National Statistics Institute (INE) with the number of visitors registered at Portuguese hotels and [...]

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        0
        By Christopher Graeme
        In Construction, Construction project management, News, Public Works
        Posted 30 Agosto, 2024

        Mota-Engil to start work on new Lisbon hospital

        The CEO of Sino-Portuguese construction giant, Mota-Engil, Carlos Mota dos Santos has confirmed that building works on Lisbon’s new hospital – Lisboa Oriental – will begin by the end [...]

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        0
        By Christopher Graeme
        In Airlines, Aviation, News, TAP
        Posted 30 Agosto, 2024

        Back to profit – TAP closes H1 with €400,000

        After sustaining losses of €72.2 million in Q1 of 2024, Portugal’s national carrier TAP Air Portugal closed the first half of 2024 with a modest profit of €400,000, but still down 98.3% on 2023 [...]

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