Portugal’s exports and imports grew 2.8% and 0.6% respectively, in nominal terms, in the second quarter, compared to the same period last year. The data were released by INE in a [...]
The European Court of Justice has agreed with the Court of Competition that information exchanges between banks in Portugal, however isolated, amount to the behaviour of running a cartel, thereby [...]
The expansion of Google’s new intercontinental submarine cable, which will connect the United States to Bermuda and Portugal, will also include the opening of a data centre in the Azores, [...]
The Italian insurance group Generali, which announced that it had acquired a 8.71% capital share in Portugal’s CTT financial services company Banco CTT two years ago, will finally see the deal go [...]
REN – Redes Energéticas Nacionais (National Energy Networks) posted profits of €48.6 million in the first six months of this year, compared to the same period last year, the company said in a [...]
Portuguese paper distribution company Inapa may have a one week reprieve to stave off bankruptcy after the Japanese paper and pulp group JPP said it would mull a possible acquisition plan over [...]
EDP Renovavéis enjoyed a bumper first half of the year with net profits up 163% to €210 million on the back of a 5% increase in production, as well as gains from assets rotation. The net profit [...]
Portugal’s banking sector has closed 801 branches and shed 3,700 jobs over the past five years in the biggest shake-up and restructuring in the sector’s history. However, the process of slimming [...]
Portugal’s construction, engineers, architects and economists associations have joined forces with 14 of the country’s leading construction companies to form a Construction Foundation. The [...]
CS Wind, the largest manufacturer of eolic wind turbine towers in the world, is to build a new factory in Aveiro in a €300 million investment which will create around 1,000 jobs according to the [...]
